Question: . Kim s cousin is thinking about starting a small business and asked for Kim s advice. Recollecting her first year in business, Kim recalls

. Kims cousin is thinking about starting a small business and asked for Kims advice. Recollecting her first year in business, Kim recalls that she charged $65.00 sales price per necklace with variable cost per necklace of $40.00 comprised of variable production costs of $35.per necklace and variable selling expenses of $5.00 per necklace. The rest of the first years costs included total fixed costs of $5,000.
Required: How many necklaces did Kim sell in the first year, assuming she just broke even?

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