Question: Jerry runs a small consignment store for men's suits and accessories in Victoria, BC. He pays $1800 per month on a three-year lease which includes
- Jerry runs a small consignment store for men's suits and accessories in Victoria, BC. He pays $1800 per month on a three-year lease which includes utilities. He pays himself $2500 per month in wages. On average, he processes 50 sales per month.
a) What must Jerry receive from each sale if he wants to break even for month?
4a) ______________________
b) What must Jerry receive from each sale if he wants to make a 25% profit?
4b) ______________________
c) What does the individual receive from the average break even sale if Jerry takes 60% and the seller of the suit on consignment receives 40%?
4c) ______________________
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