Question

the spanish club at santa fe middle school wants to sell quiches to raise money for a field trip. the culinary department at their school will make the quiches for 30$ plus $0.50 per quiche for the ingredients. the Spanish club wants to sell each quiche for 2$. how many quiches will they need to sell in order to break even

Answers

GPT 3.5
To break even, the Spanish club needs to cover the cost of making the quiches, which is $30 for the culinary department and $0.50 per quiche for the ingredients. Let's call the number of quiches they need to sell to break even x.

The cost of making the quiches is a fixed cost of $30, regardless of the number of quiches made.

The cost of the ingredients per quiche is $0.50. So, the total cost of the ingredients for x quiches is 0.5x.

The total cost of making the quiches is the sum of the fixed cost and the cost of the ingredients:
Total cost = Fixed cost + Cost of ingredients
Total cost = $30 + $0.5x

The revenue from selling x quiches at $2 per quiche is:
Revenue = Price per quiche x Number of quiches sold
Revenue = $2x

For the Spanish club to break even, the total cost of making the quiches must equal the revenue from selling the quiches:
$30 + $0.5x = $2x

To solve for x, let's isolate x on one side of the equation:
$0.5x - $2x = -$30
-$1.5x = -$30

Now, divide both sides of the equation by -1.5:
x = -$30 / -$1.5
x = 20

Therefore, the Spanish club will need to sell 20 quiches in order to break even.

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