Question
1.A subscription food delivery service, Extra Tasty, is planning to launch four precooked meal packages.They intend to hire a celebrity chef to develop the recipes
1.A subscription food delivery service, Extra Tasty, is planning to launch four precooked meal packages.They intend to hire a celebrity chef to develop the recipes offered in the four new packages: Vegan, Glu-free, MeatLove and Keto. Extra Tasty will spend $15,000 to hire a top chef to create the recipes, and $225,000 on marketing. The prices and variable costs of the meal packages are: PVegan = $312, VCVegan = $70; PGlu-free = $280, VCGlu-free = $62; PMeatLove= $336, VCMeatLove = $80; and PKeto = $240, VCKeto = $48. They expect to sell the packages in the ratio 4:5:7:3, respectively. The total customer base of Extra Tasty is 15,000 customers.
Calculate the breakeven quantity for each model.
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