The laundry serves 3,500 customers per month.  The customers uses 1 wash cycle with $3.20 electricity and water cost. The price of laundry is $6.50 and fixed costs are $6,600 for the laundry mat.  There is also detergent for sale for 0.25 (unit cost).

If the laundry sells the detergent for $0.50, what is the minimum number of boxes of detergent they have to sell to break even?

Answer rating: 100% (QA)

To calculate the breakeven point for this laundry we need to determine the total revenue and total c... View the full answer