1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vinil7 [7]
3 years ago
8

Congratulations! You just won your state lottery and will be receiving a check for $1 million. You have always wanted to own you

r own business and have noticed the increase in the number of food trucks in your local area. A new food truck with a kitchen and related equipment costs about $100,000. Other fixed costs include salaries, gas for the truck, and license fees and are estimated to be about $50,000 per year. You decide to offer traditional Mediterranean cuisine. Variable costs include food and beverages estimated at $6 per platter (meat, rice, vegetable, and pita bread). Meals will be priced at $10. Calculate the break-even for your food truck business
Business
1 answer:
Harrizon [31]3 years ago
5 0

The break-even for your food truck business is $37,500.

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

Fixed cost is the cost that does not change with the unit of output. It remains constant regardless of the units of output produced.

Fixed cost of the business = $100,000 + $50,000 = $150,000

Variable cost is cost that varies with the units of output produced. Example are wages and cost of raw materials.

Variable cost of the business = $6.

Break-even = $150,000 / ($10 - $6) = 37,500

A similar question was answered here: brainly.com/question/3254072

You might be interested in
Which of the following is considered to be a "super tool" or tool that has high use and high potential for improving project suc
aalyn [17]

Answer:

C. progress reports

Explanation:

A progress report is a document which prepared and maintained so as to track the progress of the project in a course of time.

The progress report contains the outlines of the activities that has been carried out and how much the tasks has been completed.

It also records the milestones that has been achieved according to the project plan.

The project report can be prepared daily, weekly or in a specific interval of time according to the scale of the project.

5 0
4 years ago
Page Up and Page down fall in the _______ keys category
igor_vitrenko [27]

Your answer would be

Arrow


Hope this helps Buddy!


PLz mark Brainliest


~Courtney

4 0
3 years ago
Below are a set of heights (in inches) and GPA scores for a sample of 6 students. Height, GPA 60, 4.0 55, 3.2 62, 3.7 55, 3.9 49
svetoff [14.1K]

Answer:

S_{xx}=\sum_{i=1}^n x^2_i -\frac{(\sum_{i=1}^n x_i)^2}{n}=19616-\frac{342^2}{6}=122

S_{xy}=\sum_{i=1}^n x_i y_i -\frac{(\sum_{i=1}^n x_i)(\sum_{i=1}^n y_i)}{n}=1142.2-\frac{342*19.9}{6}=7.9

And the slope would be:

m=\frac{7.9}{122}=0.0648

Nowe we can find the means for x and y like this:

\bar x= \frac{\sum x_i}{n}=\frac{342}{6}=57

\bar y= \frac{\sum y_i}{n}=\frac{19.9}{6}=3.317

And we can find the intercept using this:

b=\bar y -m \bar x=3.317-(0.0648*57)=-0.377

So the line would be given by:

y=0.0648 x -0.377

Explanation:

The data given is:

x: 60, 55, 62, 55,49, 61

y: 4.0, 3.2, 3.7, 3.9, 2.4, 2.7

For this case we need to calculate the slope with the following formula:

m=\frac{S_{xy}}{S_{xx}}

Where:

S_{xy}=\sum_{i=1}^n x_i y_i -\frac{(\sum_{i=1}^n x_i)(\sum_{i=1}^n y_i)}{n}

S_{xx}=\sum_{i=1}^n x^2_i -\frac{(\sum_{i=1}^n x_i)^2}{n}

So we can find the sums like this:

\sum_{i=1}^n x_i = 342

\sum_{i=1}^n y_i =19.9

\sum_{i=1}^n x^2_i =19616

\sum_{i=1}^n y^2_i =68.19

\sum_{i=1}^n x_i y_i =1142.2

With these we can find the sums:

S_{xx}=\sum_{i=1}^n x^2_i -\frac{(\sum_{i=1}^n x_i)^2}{n}=19616-\frac{342^2}{6}=122

S_{xy}=\sum_{i=1}^n x_i y_i -\frac{(\sum_{i=1}^n x_i)(\sum_{i=1}^n y_i)}{n}=1142.2-\frac{342*19.9}{6}=7.9

And the slope would be:

m=\frac{7.9}{122}=0.0648

Nowe we can find the means for x and y like this:

\bar x= \frac{\sum x_i}{n}=\frac{342}{6}=57

\bar y= \frac{\sum y_i}{n}=\frac{19.9}{6}=3.317

And we can find the intercept using this:

b=\bar y -m \bar x=3.317-(0.0648*57)=-0.377

So the line would be given by:

y=0.0648 x -0.377

5 0
3 years ago
Mary is purchasing a home for 145000 she is in the process of selling her present home for 85000 what will her down payment equa
weqwewe [10]
<span>58000 The key to this problem is ignoring information that doesn't apply to the problem. We're looking for 40% of the purchase price for Mary's new home. We don't care about how much she's selling the old home for. So we just need to calculate 40% of 145000, so 40% * 145000 = 0.40 * 145000 = 58000 So the 40% down payment on her new 145000 house is 58000</span>
5 0
3 years ago
Suppose that consumption is $500 and that the marginal propensity to consume is 0.6. If disposable income increases by $1,000, c
Lynna [10]

Answer:

A. $600

Explanation:

The formula and the computation of the Marginal propensity to consume are shown below:

Marginal propensity to consume =  Change in consumer spending ÷ Change in disposal income

0.6 = Change in consumer spending ÷ $1,000

So, the change in consumer spending is

= $1,000 × 0.6

= $600

Hence, the consumption that is given in the question is not considered. Therefore, ignored it

8 0
3 years ago
Other questions:
  • Read the passage. What should Jake do? What professionalism skills would he be using?
    13·1 answer
  • GW Corp. has two shareholders; Devana owns 40 shares and another corporation, Alpine, Inc., owns another 60 shares. Devana is al
    15·1 answer
  • The managerial function of leading: is a part of the planning process. involves monitoring the organization s progress toward it
    15·1 answer
  • With the ___________ inventory control system, producers hold only the amount of materials and parts that they need for a short
    13·1 answer
  • Which of these changes are planned and based on situations that are expected to arise? A. Anticipatory B. Exponential C. Strateg
    8·1 answer
  • The maintenance expense (paid at the end of the year) on a machine, with 6 years of useful life, is expected to be (in constant
    6·1 answer
  • When does a product’s life cycle begin? A. once the product begins to lose customers B. once the product is successful in the ma
    11·1 answer
  • Richard created an advertisement that included a scientific explanation of how clothes are cleaned beside the image of washing m
    14·2 answers
  • Prior to the 1990’s, De Beers diamonds maintained a near monopoly on diamond mining and diamond retail, __________ was high beca
    14·1 answer
  • The basic idea of time value of money is that $1 to be received in the ________ is worth ______$1 received today because of the
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!