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I need help with this question!!! STEP BY STEP SOLUTION PLEASE Marco is a woodwo

ID: 2760270 • Letter: I

Question

I need help with this question!!! STEP BY STEP SOLUTION PLEASE

Marco is a woodworker who sells custom homegoods for about $15 each. He makes $7 after production costs on each product. Marco wants to upgrade his website for a better user experience, which will cost $1, 250. He hopes the upgrade will pay for itself through increased online sales. Calculate the number of homegoods Marco needs to sell to cover this cost and insert it in the following box as a whole number. For example, you would input 12.5 as 13.

Explanation / Answer

No of Homegoods to be sold = 179 Statement showing computations Particulars Amount Selling price per unit                    15.00 ProductionCosts per unit = 15 - 8                      8.00 Income per unit                      7.00 One time additional Costs = 1250/7                  178.57