A vendor prepares 100.00 hotdogs every day and sells at $18.00 /piece. For each hot dog,...
A vendor prepares 100.00 hotdogs every day and sells at $18.00 /piece. For each hot dog, he spends $12.00 in the raw material. Additionally he spends $1.81 for packing each hotdog and monthly $46.00, $21.00, $12.00 as food truck rent, electricity and other expenses respectively. Lost sales are charged at $6.00 per lost sale. Leftover hotdogs can be sold for $3. On a particular day in June 111.00 people came wanting to buy a hotdog. Determine the vendor’s profit for...
1.)A vendor prepares 100.00 hotdogs every day and sells at $18.00 /piece. For each hot dog, he spends $12.00 in the raw material. Additionally he spends $1.81 for packing each hotdog and monthly $46.00, $21.00, $12.00 as food truck rent, electricity and other expenses respectively. Lost sales are charged at $6.00 per lost sale. Leftover hotdogs can be sold for $3. On a particular day in June 111.00 people came wanting to buy a hotdog. Determine the vendor’s profit for...
A vendor prepares 100.00 hotdogs every day and sells at $20.00/piece. For each hot dog, he spends $12.00 in the raw material. Additionally he spends $1.00 for packing each hotdog and monthly $50.00, $20.00, $10.00 as food truck rent, electricity and other expenses respectively. Lost sale are taken as $1 per unhappy customer. Leftover hotdogs can be sold for $5.00/piece. On a particular day in June it rained heavily so the vendor was able to sell only 80.00 hot dogs....
1. A vendor prepares 100.00 hotdogs every day and sells at $19.00 /piece. For each hot dog, he spends $12.00 in the raw material. Additionally he spends $1.97 for packing each hotdog and monthly $46.00, $20.00, $9.00 as food truck rent, electricity and other expenses respectively. On a particular day in June 114.00 people came wanting the hotdog. Vendor thinks $3.00 per lost sale. Determine vendor’s profit for that day? Assume there are 30 days in the month. 2.For a...
2.A vendor sells hotdogs at $15.00 /piece. For every hot dog he spends $12.28 in the raw material. Additionally he spends $1.17 for packing each hotdog and monthly $47.00, $21.00, $13.00 as food truck rent, electricity and other expenses respectively. How much is the vendor contributing to covering his fixed costs or generating profits? 3. A vendor prepares 100.00 hotdogs every day and sells at $19.00 /piece. For each hot dog, he spends $12.00 in the raw material. Additionally he...
1.You run a hospital with 100 rooms. Fixed daily cost is $901.00 which includes staff salary, property charges, maintenance etc. Variable cost per room is $19.00 which includes cleaning, equipment rentals, utility cost etc. which is incurred only when the room is full. You charge $50.00 per room per day. You sold 33.00 rooms today, how much profit/loss did you earn for today. 2 .For a table manufacturing company, selling price for a table is $21.00 per Unit, Variable cost...
A restaurant prepares 200.00 pizza slices and sells them at a rate of $10.00/slice. Expenses for the restaurant include raw material for pizza at $4.00 per slice, $100.00 for monthly rental and monthly insurance of $47.00. Lost sale are taken as $5.00 per unhappy customer. Leftover pizza can be sold for $2.00. The restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 217.00...
Expenses for a Pizza restaurant include raw material for pizza at $6.00 per slice, $106.00 as monthly rental and $40.00 monthly as insurance. Lost sale expense is considered to be $5.00 per unhappy customer. Leftover Pizza can be sold for $3. The restaurant is open 25 days in a month. Today the restaurant prepared 200.00 pizza slices and sells them for $14.00/slice. There was a party at a nearby office so the demand for pizza went up to 220.00 slices....
A restaurant prepares 200.00 pizza slices and sells them at a rate of $15.00/slice. Expenses for the restaurant include raw material for pizza at $5.00 per slice, $122.00 as monthly rental and $40.00 monthly as insurance. Restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 213.00 slices. Due to lack of availability vendor could not fulfill the demand and analyzed a lost sale...
A vendor sells hotdogs at $15.00 /piece. For every hot dog, he spends $11.89 in the raw material. Additionally, he spends $1.02 for packing each hotdog and monthly $46.00, $23.00, $13.00 as food truck rent, electricity and other expenses respectively. How much is the vendor contributing to covering his fixed costs or generating profits?