1. A vendor prepares 100.00 hotdogs every day and sells at $21.00 /piece. For each hot dog, he spends $13.00 in the raw material. Additionally he spends $0.98 for packing each hotdog and monthly $55.00, $24.00, $8.00 as food truck rent, electricity and other expenses respectively. Lost sales are charged at $4.00 per lost sale. Leftover hotdogs can be sold for $3.

On a particular day in June 103.00 people came wanting to buy a hotdog. Determine the vendors profit for that day? Assume there are 30 days in the month.

2. For a table manufacturing company, selling price for a table is $157.00 per Unit, Variable cost is $21.00 per Unit, rent is $4,989.00 per month and insurance is $279.00 per month. Company wants to expand its business and improve the table quality, it wants to increase the selling price for a table to $315.00 per Unit, Variable cost to $54.00 per Unit, bigger area will have rent $6,524.00 per month and insurance is $368.00 per month At what point will the company be indifferent between the current mode of operation and the new option?

3. You run a nail salon. Fixed monthly cost is $5,450.00 for rent and utilities, $5,977.00 is spent in salaries and $1,235.00 in insurance. Also every customer requires approximately $2.00 in supplies. You charge $101.00 on average for each service.

You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $10,364.00, salaries to $6,353.00 and insurance to $2,179.00 per month. Cost of supplies will increase to $7.00 per service. However you can now charge $175.00 per service. At what point will you be indifferent between your current location and the new loaction?