The UNOH good works society is planing an annual fundraising ""Eat-a-Thon"". The

aflacatn

aflacatn

Answered question

2021-09-18

The UNOH good works society is planing an annual fundraising ""Eat-a-Thon"". The society will charge students 75¢ per serving of pasta. The only expenses they will incur are the cost of the pasta, estimated at 25¢ per serving, and the $325 cost of the facility for the evening. Perform a Break-Even analysis. How many serving of pasta would they need to sell to make money for the fundraiser?
Select one:
a. They would need to sell 651 servings of pasta.
b.They would need to sell 851 servings of pasta.
c. They would need to sell 451 servings of pasta.
d.They would need to sell 551 servings of pasta.
e. They would need to sell 615 servings of pasta.

Answer & Explanation

Aniqa O'Neill

Aniqa O'Neill

Skilled2021-09-19Added 100 answers

The charges for serving the pasta is, $0.75.
The expenses charges for the cost of pasta is, $0.25.
The cost of renting the facility for the evening is, $325.
Apply the break even analysis , where the total cost and total revenue are equal.
Equate the total cost and total revenue, to find the break even point where there is no profit and no loss.
325+0.25x=0.75x
325=0.75x0.25x
325=0.50x
x=3250.50
=650.
The servings of pasta needed to sell for making the money to raise the fundraiser should be more than the break even point where there is no loss and no gain.
Therefore,
The servings of pasta needed to sell for raise the fundraiser should be 651.
Hence the correct option is a.

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