To determine how many quiches the Spanish Club needs to sell to break even, we first need to calculate their total costs and their total revenue from selling the quiches.
Step 1: Calculate Total Costs
The cost to make the quiches consists of a fixed cost and a variable cost per quiche:
- Fixed cost: $30
- Variable cost per quiche: $0.50
If they sell \( x \) quiches, the total cost \( C \) can be calculated as: \[ C = 30 + 0.50x \]
Step 2: Calculate Total Revenue
The revenue from selling the quiches can be calculated as: \[ R = 2x \] (since they sell each quiche for $2).
Step 3: Set Up the Break-Even Equation
To break even, the total revenue must equal the total costs: \[ 2x = 30 + 0.50x \]
Step 4: Solve the Equation
Now, we solve for \( x \):
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Subtract \( 0.50x \) from both sides: \[ 2x - 0.50x = 30 \] \[ 1.5x = 30 \]
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Now, divide by \( 1.5 \): \[ x = \frac{30}{1.5} = 20 \]
Conclusion
The Spanish Club needs to sell 20 quiches to break even.
So the answer is: 20 quiches