To determine how many yards Sandy needs to mow to break even, we need to account for her initial costs and her variable costs for each yard mowed.
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Initial costs:
- Cost of the weed eater: $150
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Variable costs per yard:
- Cost of the weed-eating string: $10 per yard
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Revenue per yard:
- Charge per yard: $20
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Calculating total costs and revenues:
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Total costs for mowing
yards can be expressed as: -
Total revenue for mowing
yards can be expressed as:
-
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Finding the break-even point: To find the break-even point, set the total costs equal to the total revenue:
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Solving for
: Rearranging the equation:
Thus, Sandy needs to mow 15 yards to break even.