Question
For a table manufacturing company, selling price for a table is $177.00 per Unit, Variable cost is $29.00 per Unit, rent is $3,391.00 per month
For a table manufacturing company, selling price for a table is $177.00 per Unit, Variable cost is $29.00 per Unit, rent is $3,391.00 per month and insurance is $288.00 per month. Company wants to expand its business and improve the table quality, it wants to increase the selling price for a table to $318.00 per Unit, Variable cost to $57.00 per Unit, bigger area will have rent $5,972.00 per month and insurance is $400.00 per month At what point will the company be indifferent between the current mode of operation and the new option?
A vendor prepares 100.00 hotdogs every day and sells at $18.00 /piece. For each hot dog, he spends $10.00 in the raw material. Additionally he spends $1.81 for packing each hotdog and monthly $52.00, $23.00, $8.00 as food truck rent, electricity and other expenses respectively. Lost sales are charged at $4.00 per lost sale. Leftover hotdogs can be sold for $3.On a particular day in June 105.00 people came wanting to buy a hotdog. Determine the vendors profit for that day? Assume there are 30 days in the month.
Please Please Please help!
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