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4- You run a school in Florida. Fixed monthly cost is $5,948.00 for rent and utilities, $5,993.00 is spent in salaries and $1,673.00 in
4- You run a school in Florida. Fixed monthly cost is $5,948.00 for rent and utilities, $5,993.00 is spent in salaries and $1,673.00 in insurance. Also every student adds up to $91.00 per month in stationary, food etc. You charge $692.00 per month from every student now. You are considering moving the school to another neighborhood where the rent and utilities will increase to $11,167.00, salaries to $6,765.00 and insurance to $2,335.00 per month. Variable cost per student will increase up to $169.00 per month. However you can charge $1,187.00 per student. At what point will you be indifferent between your current mode of operation and the new option? A vendor prepares 100.00 hotdogs every day and sells at $21.00/piece. For each hot dog, he spends $11.00 in the raw material. Additionally he spends $1.18 for packing each hotdog and monthly $48.00, $21.00, $9.00 as food truck rent, electricity and other expenses respectively. Lost sales are charged at $5.00 per lost sale. Leftover hotdogs can be sold for $3. On a particular day in June 102.00 people came wanting to buy a hotdog. Determine the vendor's profit for that day? Assume there are 30 days in the month. I= (Ctrl)-
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