MARSHMALLOW TOWERS INVOICE Product Quantity Quantity Quantity Totell Quantity X Cost Per unit Totel 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. Ruffka X $500 + S Consulting Service Additional Costs + 5 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 $20 Unused Broken Toothpick $200Only FILL IN the GREEN BOXES. The other areas are not to be changed. FIXED COSTS VARIABLE COSTS Cost per Order #1 Order #2 Order #3 unit TOTAL Rent $600 Marshmallow $50 $0.00 Tax $100 Toothpick $100 $0.00 Duffka Insurance $100 Consulting $500 $0.00 Labor Additional (salaried) $100 Costs Opportunity Total Variable Cost $100 Costs= $0.00 TOTAL *All unused materials can NOT be returned and are included in the variable FIXED $1,000 costs. Total Fixed Cost $1,000 Total Variable Cost $0.00 Total Cost $1,000 Total REVENUE $0.00 Revenue Total COST $1,000 Quantity Sub-total Below 4 inches 50.00 PROFIT ($1,000.00) inches $0.00 Integrity Bonus (stand $0.00 Strength Bonus (hold paper for 5 $0.00 Total Revenue $0.00Instructions You need toothpicks and mini marshmallows. Your goal in this activity is the same goal of every business, to make a profit 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 profit as you make a tower made only of toothpicks and mini marshmallows. Please attach a photo of your tower and include the statistics from the Marshmallow Tower spreadsheet in your written summary and also a measurement of how tall your tower is in inches. The strength test is optional. You only need to do the Marshmallow Tower once