Math Problem Statement
Max is starting a tropical soda stand. Empty bottles cost $0.32 each and ingredients cost $0.10 per bottle. Additionally, Max spent $54 on a bottle-cap sealer. He will sell his soda for $1.50 per bottle. How many bottles of soda must Max sell for his sales to equal his expenses?
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Break-even Analysis
Formulas
Total cost per bottle = 0.32 + 0.10 = 0.42
Total cost = Fixed cost + (Variable cost per bottle * x)
Revenue = Price per bottle * x
Break-even equation: Revenue = Total cost
Theorems
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Suitable Grade Level
Grades 6-8