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please give answer in 20 mintues fastly Dana owns a food truck and has introduced a new type of healthy smoothie. In the frat month
please give answer in 20 mintues fastly
Dana owns a food truck and has introduced a new type of healthy smoothie. In the frat month she sold each cup for BD 350 and has managed to sell 1,100 cups. The variable cost per cup is BD 1.25 and the fixed costs per month are BD 1,250 . In the second month Dana has decided to increase the selling price per cup by 20%. However, this increase in the selling price led to a 35% decrease in the number of cups sold. Reguired: (Round to the nearest cup) Assuming that fixed costs would remain unchanged: 1. How much profit did Dana earn in the first and second months after introducing the healthy smoothie? 2. If Dana wants to make the same profit she eamed in the first month, how many cups should be sold at the price of the second month? 3. Based on your results in requirement (1). Was it better for Dana to keep the selling price of the first month or to increase the selling price by 20% ? Why Step by Step Solution
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