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Raiden runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $900.
Raiden runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $900. Raiden's contribution margin is $1.50 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. Raiden sells 5 bags of potato chips for every 10 hot dogs. 1. What is Raiden's weighted-average contribution margin per unit? 2. How many total units much Raiden sell in a month to earn a target monthly profit of $1,500 ? 3. Of the total units needed to earn $1,500 of profit, how many are hot dogs and how many are bags of potato chips? 1. What is Raiden's weighted-average contribution margin per unit? (Round the weighted-average contribution margin per unit to the nearest cent, " XXX
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