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Bob's FoodMart is looking at adding ready-to-eat hot dogs to its food offerings. The needed equipment would cost Bob's FoodMart $18,893. Bob's figures it could
Bob's FoodMart is looking at adding ready-to-eat hot dogs to its food offerings. The needed equipment would cost Bob's FoodMart $18,893. Bob's figures it could sell the hot dogs for $2.33 each, and that variable costs (hot dogs, buns, and so forth) would average out to $1.28 per hot dog sold. Bob's does not want to invest in the new equipment unless projected profit is at least $5,299. How many hot dogs would Bob's have to sell to just meet this profit target? (Rounding: tenth of a hot dog.)
Answer: 23,040
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