A vendor prepares 100.00 hotdogs every day and sells at $21.00 /piece. For each hot...
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Accounting
A vendor prepares 100.00 hotdogs every day and sells at $21.00 /piece. For each hot dog, he spends $13.00 in the raw material. Additionally he spends $1.06 for packing each hotdog and monthly $47.00, $25.00, $13.00 as food truck rent, electricity and other expenses respectively. Lost sales are charged at $6.00 per lost sale. Leftover hotdogs can be sold for $3.
On a particular day in June 104.00 people came wanting to buy a hotdog. Determine the vendors profit for that day? Assume there are 30 days in the month.
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