What is the most he could pay for equipment


Problem

John wants to earn money this summer by maintaining gardens and lawns. He estimates variable costs for each job of $4.44 for supplies. To be competitive, he can charge $22.00 per job, and would be able to maintain at least 98 jobs. If John wanted to make $800, what is the most he could pay for equipment? Use break-even analysis to determine your result.

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Financial Accounting: What is the most he could pay for equipment
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