Caden Topper operates Caden's Cricket Farm in Fairview, Georgia. Caden's raises about $18$ million crickets a month. Most are sold to pet stores at $$8\mathrm{.}65$ for a box of $1,000$ crickets. Pet stores sell the crickets for $$0\mathrm{.}05$

to $$0\mathrm{.}10$ each as live feed for reptiles.

$($i$)($Click on the icon to view additional information.$)$

$($Click the icon to view the production cost report$-$Part $1.)$

$($Click the icon to view the production cost report$-$Parts $\frac{2}{3}.)$

Read the requirements.

Requirement $1.$ What is the cost per box of crickets sold? $($Hint: This is the cost of the boxes completed and shipped out of brooding.$)$

First, identify the labels to compute the average cost per box transferred out, then compute the average cost per box shipped out of brooding. $($Enter your answer to the nearest cent.$)$

Average cost

Total cost of units completed and shipped out

$329750$

Requirement $2.$ What is the gross profit per box?

First, identify the labels to compute the gross profit per box, then compute the gross profit per box. $($Enter all dollar amounts to the nearest cent.$)$

Requirement $3.$ How much operating income did Caden's Cricket Farm make in June?

First, identify the labels to compute the operating income, then compute the operating income for June.

Gross profit

The return on Topper's investment of $$500,000$ for the month of June is

Requirement $5.$ What monthly operating income would provide a $4\mathrm{.}8\%$ monthly rate of return? What price per box would Caden's Cricket Farm have had to charge in June to achieve this target monthly rate of return?

First, identify the labels to compute the desired monthly operating income, then compute the amount.

Identify the labels to compute the selling price per box needed to achieve a $4\mathrm{.}8\%$ monthly rate of return, then compute the amount.

Gross profit

Desired gross profit per box

Data table

Data table

$1$