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Please solve requirement 3. thank you. Rachel runs her own hot dog stand on the U of A campus. The monthly cost of the cart
Please solve requirement 3. thank you.
Rachel runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $800. Rachel's contribution margin is $2.00 per hot dog sold. She has recently added individual servings of potatos chips to her product offering. Each bag of potato chips has a contribution margin of $0.75 per bag. Rachel sells 15 bags of potato chips for every 10 hot dogs. 1. What is Rachel's weighted-average contribution margin per unit? 2. How many total units much Rachel sell in a month to earn a target monthly profit of $1,400 ? 3. Of the total units needed to earn $1,400 of profit, how many are hot dogs and how many are bags of potato chips? 1. What is Rachel's weighted-average contribution margin per unit? (Round the weighted-average contribution margin per unit to the nearest cent, ".XX".) 2. How many total units much Rachel sell in a month to earn a target monthly profit of $1,400 ? First identify the formula, then compute the breakeven point in units. (Enter decimals to two places, ". XX". Round your answer to the nearest unit.)Step by Step Solution
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