To find out how many quiches the Spanish Club needs to sell to break even, we first need to determine the total cost and the total revenue from selling the quiches.
-
Cost to make quiches:
- Fixed cost: $30
- Variable cost per quiche: $0.50
If they sell \( x \) quiches, the total cost \( C \) can be expressed as: \[ C = 30 + 0.50x \]
-
Revenue from selling quiches:
- Selling price per quiche: $2
The total revenue \( R \) from selling \( x \) quiches can be expressed as: \[ R = 2x \]
-
Break-even point: To find the break-even point, we set total cost equal to total revenue: \[ C = R \] \[ 30 + 0.50x = 2x \]
-
Solving the equation: Rearranging the equation to isolate \( x \): \[ 30 = 2x - 0.50x \] \[ 30 = 1.50x \] \[ x = \frac{30}{1.50} \] \[ x = 20 \]
Therefore, the Spanish Club needs to sell 20 quiches to break even.
The correct answer is: 20 quiches