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Assume that you work for Mr . Sprangle who owns Springle CupCakes. You created a model for Mr . Sprangle to show the cost and
Assume that you work for Mr Sprangle who owns Springle CupCakes. You created a model for Mr Sprangle to show the cost and sales of different types of cupcakes for a typical month. For each type of cupcakes, cost is unit cost multiplied by number of cupcakes; sales is unit price multiplied by number of cupcakes. Profit is Sales minus Cost. Complete the worksheet C:E
In addition, Mr Sprangle has borrowed $ from a bank for his business. The bank charges him an interest rate of to be paid off in years. What is the monthly payment for this loan? Show the monthly payment formula in cell B
Provide your answers to decimal places for answers related to currency and decimal places otherwise.
What is the Total Profit for a typical month?
If Mr Sprangle wants to make a total profit of $ per month, how many cupcakes would he have to produce each month?
If Mr Sprangle maintains production of cupcakes and wants to make a total profit of $ per month, what should the price for each Lavender Tangerine Dream Cupcake be
Provide the formula you used in cell B
What is Mr Sprangle's monthly loan payment provide this amount as a positive figure
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