1. Pots, seeds, and watering systems for the working family.
Pure Plants Co.
Pots, seeds, and watering systems for the working family.

2. Start-Up Materials Item Quantity Today’s Price Conversion Price
Pottery turntable 1
$10.70
$0.58
Cast Iron pot
$15.00
$0.81
3’ metal tube
$8.86
$0.48
Steel marver
$25.00
$1.36
Shears
$8.83
Bucket
$18.25
$0.99
Total Start-Up Cost:
$4.70

3. Per Product Materials Item Quantity Today’s Price Conversion Price
Clay
5 lbs
$4.04
$0.22
Glass
15 oz
$5.00
$0.27
Seeds
5 oz
$1.48
$0.08
Paper envelope 1
$0.25
$0.01
Total Start-Up Cost:
$0.59

4. Price Per Product
$1.20 We chose to charge this because it about doubled the cost of what it took to make one product. This way we could reach the break-even point faster and begin to make a profit. It is a low enough price that it is fair for a working family in the Gilded ages.

5. Equations
Cost Equation: y= x Income equation: y= 0.62x

6. Table of Values Items Cost Income Profit X 4.70+.59x 0.62x - 10 10.60
6.20
-4.40 20
16.50
12.40
-4.20 30
22.40
18.60
-4.00 40
28.30
24.80
-3.50 50
34.20 31
-3.20
100
63.70 62
-1.70
150
93.20 93
-0.20
200
122.70
124
1.30
250
152.20
155
2.80
300
181.70
186
4.30
350
211.20
217
5.80
400
240.70
248
7.70
450
270.20
279
8.80
Table of Values

7. Table of Values: Results
We reach the break-even point at about 200 pot kits sold. From there our profits climb at relatively $1.50 per 50 sales. If we were to sell about 200 kits during the Gilded Ages, we would gain profit very quickly. This is because our income is more than our price per product, so we only have to pay off the $4.70. The table shows this when we sell the original ten kits.

8. Break-Even Point Graph
Money earned
Kits sold

9. Graph Results
Our official break-even point is ( , ) which means we have to sell 157 kits to earn a profit. If our business sold that many we would begin to earn more than we paid, as the green line eventually exceeds the red line.

10. Break-Even Point Problem and Solution
x=0.62x
4.70=0.03x
/0.03 /0.03
156.66=x
Break-Even Point:
156.66

11. Reasonableness of Probability
We believe that our business is very reasonable. In a big city like New York, there were millions of residents, many who were struggling through economic hardship. At least 200 to 500 may be likely to buy a product like this, considering the population.

12. Sources
Amazon.com Onlinemetals.com Mscdirect.com Uline.com Lowes.com Stuccu.com Hrw.com Livingcityarchive.org