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Ampro-Mag is a small company that makes materials for safely controlling hazardous spills of all kinds. It sells these items as a neutralizing kit priced at $100. The costs of the materials that go into each kit are $45. It costs $5 in labor to assemble a kit. The company has monthly expenses of $1,000 for rent and insurance, $200 for heat and electricity, $500 for advertising in trade journals, and $3,500 for the monthly salary of its owner. What is Ampro-Mag's monthly break-even point in terms of number of neutralizing kits sold?
Federal Constitution
The supreme law of the United States, established in 1787, outlining the national government's structure, functions, and powers, and the rights of the citizens.
Right To Own Slaves
This refers to legal entitlements that existed in various societies allowing individuals to own other individuals as property, most notably before the Civil War in the United States.
Economic Trend
The general direction in which an economy is moving, observed through indicators like GDP, unemployment rates, and consumer spending patterns.
South
A term that typically refers to the southeastern and south-central regions of the United States, often characterized by its distinct cultural, historical, and economic traits.
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