Question
1.A vendor prepares 100.00 hotdogs every day and sells at $18.00 /piece. For each hot dog, he spends $10.00 in the raw material. Additionally he
1.A vendor prepares 100.00 hotdogs every day and sells at $18.00 /piece. For each hot dog, he spends $10.00 in the raw material. Additionally he spends $1.02 for packing each hotdog and monthly $54.00, $21.00, $12.00 as food truck rent, electricity and other expenses respectively. On a particular day in June 114.00 people came wanting the hotdog. Vendor thinks $5.00 per lost sale. Determine vendors profit for that day? Assume there are 30 days in the month.
2.
A restaurant prepares 200.00 pizza slices and sells them at a rate of $12.00/slice. Expenses for the restaurant include raw material for pizza at $4.00 per slice, $101.00 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 212.00 slices. Due to lack of availability vendor could not fulfill the demand and analyzed a lost sale as $6.00 per item. How much profit could the restaurant earn today?
3.
A restaurant prepares 200.00 pizza slices and sells them at a rate of $13.00/slice. Expenses for the restaurant include raw material for pizza at $5.00 per slice, $108.00 as monthly rental and $50.00 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 224.00 slices. Due to lack of availability vendor could not fulfill the demand and analyzed a lost sale as $5.00 per item. How much profit could the restaurant earn today?
4.
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. On a particular day in June it rained heavily so vendor was able to sell only 80.00 hot dogs. For finishing the stock he sold remaining hotdogs for $5.00/piece. Determine vendors profit for that day? Assume there are 30 days in the month.
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