To find out how many quiches the Spanish Club needs to sell to break even, we need to calculate their total costs and total revenues:
-
Cost of making the quiches:
- Fixed cost: $30
- Variable cost per quiche: $0.50
Total cost for selling \( x \) quiches: \[ \text{Total Cost} = 30 + 0.50x \]
-
Revenue from selling the quiches:
- Selling price per quiche: $2
Total revenue from selling \( x \) quiches: \[ \text{Total Revenue} = 2x \]
-
Set the total cost equal to the total revenue to find the break-even point: \[ 30 + 0.50x = 2x \]
-
Solve for \( x \):
- Rearranging gives: \[ 30 = 2x - 0.50x \] \[ 30 = 1.5x \] \[ x = \frac{30}{1.5} = 20 \]
Thus, the Spanish Club needs to sell 20 quiches to break even.
The correct answer is: 20 quiches