Mickey built his lemonade stand out of $75,000 worth of plywood and paint.He sells a glass of lemonade for $30 and uses $1.25 of lemons, sugar and water to make his product.How many glasses of lemonade does he need to sell to break even?
A)2608
B)2544
C)2396
D)2434

Question

Quizplus · Accepted Answer

Mickey needs to sell 2544 glasses of lemonade to break even.To break even, Mickey needs to earn $75,000 from selling lemonade. He sells each glass of lemonade for $30, and it costs him $1.25 to make each glass. So, he needs to sell 75,000 / (30 - 1.25) = 2544 glasses of lemonade to break even.

Mickey Built His Lemonade Stand Out of $75,000 Worth of Plywood