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3 Separate Questions 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.
3 Separate Questions
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. Lost sale are taken as $1 per unhappy customer. Leftover hotdogs can be sold for $5.00/piece. On a particular day in June it rained heavily so the vendor was able to sell only 80.00 hot dogs. Determine the vendor's profit for that day? Assume there are 30 days in the month. Submit Answer format: Currency: Round to: 2 decimal places. Expenses for a Pizza restaurant include raw material for pizza at $5.00 per slice, $118.00 as monthly rental and $33.00 monthly as insurance. Lost sale expense is considered to be $6.00 per unhappy customer. Leftover Pizza can be sold for $3. The restaurant is open 25 days in a month. Today the restaurant prepared 200.00 pizza slices and sells them for $12.00/slice. There was a party at a nearby office so the demand for pizza went up to 229.00 slices. What is the daily fixed costs expense? Submit Answer format: Currency: Round to: O decimal places. You run a nail salon. Fixed monthly cost is $5,459.00 for rent and utilities, $6,456.00 is spent in salaries and $1,428.00 in insurance. Also every customer requires approximately $3.00 in supplies. You charge $87.00 on average for each service You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,064.00, salaries to $6,385.00 and insurance to $2,174.00 per month. Cost of supplies will increase to $8.00 per service. However you can now charge $170.00 per service. At what point will you be indifferent between your current location and the new loaction? Submit Answer format: Number: Round to: 0 decimal placesStep by Step Solution
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