Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

23. John's taco stand sold 100 tacos in December. 75 basic tacos were sold for.50 and 25 gourmet tacos were sold for $1.50. The basic

image text in transcribed
23. John's taco stand sold 100 tacos in December. 75 basic tacos were sold for.50 and 25 gourmet tacos were sold for $1.50. The basic tacos cost 10 to make (total expenses). The gourmet tacos required extra meat and cheese and cost.25 to make (total expenses). What was John's total profit in December for selling 75 basic tacos and 25 gourmet tacos? A) $37.50 B) $61.25 C) $75.00 D) $95.25 $37.50 $61.25 $75.00 $95.25

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting For MBAs

Authors: Peter Easton, Robert Halsey, Mary Lea McAnally, John Wild

8th Edition

1618533584, 9781618533586

More Books

Students also viewed these Accounting questions

Question

Eliminate street slang.

Answered: 1 week ago

Question

=+1. Is it OK for a firm to profit from poverty?

Answered: 1 week ago