A school theater group is selling candy to raise funds in order to put on their next performance. Th

Discussion in 'Calculator Requests' started by math_celebrity, Sep 1, 2021.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    A school theater group is selling candy to raise funds in order to put on their next performance. The candy cost the group $0.20 per piece. Plus, there was a $9 shipping and handling fee. The group is going to sell the candy for $0.50 per piece. How many pieces of candy must the group sell in order to break even?

    Set up the cost function C(p) where p is the number of pieces of candy.
    C(p) = Cost per piece * p + shipping and handling fee
    C(p) = 0.2p + 9

    Set up the Revenue function R(p) where p is the number of pieces of candy.
    R(p) = Sale price * p
    R(p) = 0.5p

    Break-even means zero profit or loss, so we set the Cost Function equal to the Revenue Function
    0.2p + 9 = 0.5p

    To solve this equation for p, we type it in our math engine and we get:
    p = 30
     

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