Ahmed wants to earn some extra pocket money while on his summer break, which is 5...

50.1K

Verified Solution

Question

General Management

Ahmed wants to earn some extra pocket money while on his summerbreak, which is 5 weeks long. He plans to work for three days aweek and enjoy his vacation the rest of the week. He has identifiedthat car cleaning is a good business in his locality. He buys atrolley for $500 to carry water, detergent, brushes, towels, andother items, and he spends about $2 per car on these items.

a. If Ahmed charges $10 to clean one car, how many cars would heneed to clean to breakeven?

b. If Ahmed cleans about 10 cars per day, how much money does heexpect to make?

c. Another possibility for Ahmed is to clean the open parkinglots (areas, not cars). To do this, he need to hire a truck for$1,500 and hire a driver on an hourly basis, which, including gas,would cost him about $25 per parking lot. Ahmed estimates that thetruck helps him complete four parking lots per day. If he charges$125 per parking lot, would this be a better alternative thancleaning cars?

Answer & Explanation Solved by verified expert
3.6 Ratings (341 Votes)
Summer break duration 5 weeks Ahmed plans to work for 3 days a week Total days he would work in the 5 week duration 53 15 days D Fixed cost of buying a trolley F 500 Variable cost of other    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students