Answer:To determine the point at which Anne's sales cover her expenditures, we can set up an equation based on the information provided.
Let:
- x be the number of boxes of cards sold.
- Total Expenditure = Booth Fee + (Cost per box * Number of boxes sold)
- Total Revenue = Selling Price per box * Number of boxes sold
Given:
- Booth Fee = $23
- Cost per box = $10
- Selling Price per box = $11
Equation:
Total Expenditure = $23 + ($10 * x)
Total Revenue = $11 * x
To find the break-even point where Total Expenditure equals Total Revenue:
$23 + ($10 * x) = $11 * x
$23 = $11 * x - $10 * x
$23 = $1 * x
x = 23
Therefore, Anne will need to sell 23 boxes of cards to reach the break-even point where her sales cover her expenditures.
Calculating the total sales and expenditures:
- Total Expenditure = $23 + ($10 * 23) = $23 + $230 = $253
- Total Revenue = $11 * 23 = $253
Thus, the total sales and expenditures will both be $253 when Anne sells 23 boxes of cards.
Step-by-step explanation: