Ingrid Processes and Bottles Jam in Her Home-Based Business

question 59

Essay

Ingrid processes and bottles jam in her home-based business. Her fixed costs are $250 per month and the variable cost per jar is $1.20. She sells the jam to local grocery stores for $3.20 each.
a) How many jars must she sell per year to break even?
b) What will be her profit if she sells 3,000 jars in a year?

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