A snow cone vendor on the Virginia Beach boardwalk has several costs of doing business. She...
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A snow cone vendor on the Virginia Beach boardwalk has several costs of doing business. She pays salaries of $2,000 per month and other fixed costs, such as utilities and kiosk rental, of $1,150 per month. Each snow cone sold costs her 36 cents. She charges $1.50 per snow cone. (a) Write an equation for the total revenue R in dollars from selling snow cones for a month, depending on the number s of snow cones sold. R = 1.5s (b) How much revenue in dollars will the vendor make if she sells 3,000 snow cones in a month? (Include units in your answer. More information.) The total monthly revenue for selling 3,000 snow cones is 4500 dollars (c) Write an equation for the profit P in dollars made by the snow cone vendor depending on the numbers of snow cones sold. P2000+1.5s x (d) How much profit in dollars will the vendor make from selling 4,600 snow cones? (Include units in your answer. More information.). The vendor makes a profit of 4900 dollars X from selling 4,600 snow cones. (e) How many snow cones must the vendor sell in a month to break even? (Breaking even means that profit 0. Round your answer up to the nearest whole number.). The vendor must sell at least 1334 X snow cones to break even. A snow cone vendor on the Virginia Beach boardwalk has several costs of doing business. She pays salaries of $2,000 per month and other fixed costs, such as utilities and kiosk rental, of $1,150 per month. Each snow cone sold costs her 36 cents. She charges $1.50 per snow cone. (a) Write an equation for the total revenue R in dollars from selling snow cones for a month, depending on the number s of snow cones sold. R = 1.5s (b) How much revenue in dollars will the vendor make if she sells 3,000 snow cones in a month? (Include units in your answer. More information.) The total monthly revenue for selling 3,000 snow cones is 4500 dollars (c) Write an equation for the profit P in dollars made by the snow cone vendor depending on the numbers of snow cones sold. P2000+1.5s x (d) How much profit in dollars will the vendor make from selling 4,600 snow cones? (Include units in your answer. More information.). The vendor makes a profit of 4900 dollars X from selling 4,600 snow cones. (e) How many snow cones must the vendor sell in a month to break even? (Breaking even means that profit 0. Round your answer up to the nearest whole number.). The vendor must sell at least 1334 X snow cones to break even.
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a R 15x where x is the number of snow cones sold b If 3000 snow cones are s... View the full answer
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
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