Anne owns an art supply store Anne is analyzing the store s expenses and income because she wants to increase the store s

Question

Anne owns an art supply store Anne is analyzing the store s expenses and income because she wants to increase the store s profits The expenses include renting 1 250 square feet of space for 13 750 per month The store has only one employee who is paid 8 00 per hour plus 8 commission Much of the store s income comes from the sales of blank painting canvases and frames The table shows the prices of the canvases and frames sold at the store Art Store Prices Dimensions inches 8 by 10 16 by 20 18 by 24 24 by 36 Canvas Price 6 43 11 65 18 47 22 80 Frame Price 25 48 49 48 61 98 89 98 Formula Sheet Calculator Reference Type your answer in the box You may use numbers a decimal point and or a negative sign in your answer What is the rental cost in dollars per square foot that Anne pays for the art stor space

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