INVOICE Profits = Total Revenue - Total Cost TOTAL COST Product Quantity (Order # 1) Quantity (Order # 2) Quantity (Order # 3) Total Quantity x Cost Per Unit Total Marshmallow 3 3 4 10 x $50 $ 500 Toothpick 6 6 8 20 X $ 100 $ 2000 Dufka Service 2 2 1 5 x $500 $ 2500 (5persons) TOTAL AMOUNT OF COST $ 5000.00 TOTAL FIEVENUE Quantity Price Total Be'ow 4 inches 100 pos. $ 15 $1500.00 Integrity Bonus 125 pes. $ 15 $ 1875.00 Strength Bonus 150 pes. $ 15 $ 2250.00 TOTAL REVENUE $ 5, 625.00 TOTAL AMOUNT OF COST = S 5000.00 TOTAL AMOUNT OF REVENUE = $5, 625.00 PROFITS EARNED: Profits = Total Revenue - Total Cost = S 5, 625.00 - $ 5000.00 = 8625.00 \fInstructions You need toothpicks and mini marshmallows. Please attach a photo of your tower - Create a tower using toothpicks and mini marshmallows by using the information provided \fYour goal in this activity is the same goal of every business, to make a prot You will remember that prot is the difference between total revenue and total cost. There are only two ways to increase profits. You can increase total revenue or you can decrease total costs. Your assignment is to earn the most prot as you make a tower made only of toothpicks and mini marshmallows. Only FILL IN the GREEN BOXES. The other areas are not to be changed. FIXED COSTS VARIABLE COSTS La- or Opportumty TOTAL '31] unused materials can NOT be returned and are included in the variable costs. Total Fixed Cost Total Variable Cost Total Cost Total Variable Total REVENUE $0.00 Total COST $1,000 Below 4 inches PROFIT (31,000.00) Integntj; Bonus (stand Stren ; Bonus (hold paper for 5 Total Revenue MARSHMALLOW TOWERS INVOICE Product Quantity Quantity Quantity Totel Quantity X Cost Per unit Total Order #1 Order #2 Order #3 Quantity X Cost Your goal is to gain the largest profit in the class by building a marshmallow tower. Marshmallow X $50 S Remember, Profit = Total Revenue - Total Cost. Toothpick X $100 + S So your goal is to increase your revenue while keeping your costs low. You have minutes to build your towers once the simulation has begun. Duffka X $500 + S Consulting Service Additional Costs + $ REVENUE Every inch below 4 inches $1000 per inch Every inch above 4 inches $2000 per inch Total Variable Costs = Integrity Bonus: Stand alone for 3 seconds $2000 Strength Bonus: Hold a piece of paper on top of| $3000 tower for 5 seconds Total Fixed Costs $1000 Fixed Costs Total Variable Costs + $ Overhead $600 Property Tax $100 Total Cost (Fixed + Variable) = $ Insurance $100 Labor $100 Opportunity Cost| $100 Total Fixed Costs | $1000 Total Revenue Total Cost $ Variable Costs Toothpick $100 Profit Marshmallow $50 Duffka Consulting Services $500 Unused Material $50 each Missing Marshmallow $200 Unused Broken Toothpick $200