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A vendor sells hotdogs at $ 1 3 . 0 0 / piece . For every hot dog he spends $ 1 2 . 2

A vendor sells hotdogs at $13.00/piece. For every hot dog he spends $12.23 in the raw
material. Additionally he spends $0.85 for packing each hotdog and monthly $43.00,$24.00,
$10.00 as food truck rent, electricity and other expenses respectively. How much is the vendor
contributing to covering his fixed costs or generating profits?
Answer format: Currency: Round to: 2 decimal places.
Hint: Contribution margin = price/ unit - variable cost/unit
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Attempts Remaining: 1
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