Angies Empanadas opened on April 1. The business is located in a metropolitan area with a total population of about 400,000. The area houses a university with approximately 20,000 students, several private colleges, and a technical college. Both the university and the technical college offer restaurant administration degrees. The primary local industries are agriculture and light manufacturing.

Angie signed a one-year lease on a kitchen near the university that would provide sufficient capacity and a ready labor supply to help her reach her short-term profit goal of $4,000 per month by the end of the first year. She feels the business needs to make at least that much profit to be worth her time. Otherwise, she will pursue her talent for photography.

Angie does much of the preparation and assembly of the empanadas herself, but she hires additional labor as needed, mostly students, to help make and deliver the product. The preparation and assembly is done by hand, and the dough needs to be made daily. This means labor is a relatively large part of the products cost.

Because the ingredients are organic, they also are relatively costly. Angie relies on quality and excellent taste to differentiate her products, but shes also trying to keep the price low to gain a foothold in the market. She purchases the trays locally, and they are recyclable but not reusable, meaning she must use new trays for every batch.

***Givem Angies budget and profit goals above, suggest which metrics Angie should use to assess the success of her new venture. Prices and costs are per tray, so use trays as the basic unit when determining per-unit amounts.

Table 1: SIX-MONTH BUDGET (APRIL-SEPTEMBER) Trays sold Sales revenue Cost of salos: SEPTEMBER 100 12650 5,15 S7475 $725 $8.091 11558 L005 1552 2.243 205 Utinks 5450 Total cost of sales $3.621 $4,705 $470 6.154 Operating proft SC17D $42 983 Chart Area $3241 OTE MIXED COSTS VARIABILE COST PER TRAY FIXEDCOST PER MONTH Utiries $100 $1.00 Table 1: SIX-MONTH BUDGET (APRIL-SEPTEMBER) Trays sold Sales revenue Cost of salos: SEPTEMBER 100 12650 5,15 S7475 $725 $8.091 11558 L005 1552 2.243 205 Utinks 5450 Total cost of sales $3.621 $4,705 $470 6.154 Operating proft SC17D $42 983 Chart Area $3241 OTE MIXED COSTS VARIABILE COST PER TRAY FIXEDCOST PER MONTH Utiries $100 $1.00