AYO BESTIES PLZ HELP
You are a business and marketing analyst for Jamie Lee Foods.
You know t...
Mathematics, 15.04.2021 05:00 camdenmorrison
AYO BESTIES PLZ HELP
You are a business and marketing analyst for Jamie Lee Foods.
You know that it costs the company $250 to bake 100 dozen cookies.
It will cost the company $250 to package the cookies individually.
It will cost the company $175 to package the cookies in groups of 6.
You need to determine the following:
If the cookies are sold individually for 50 cents each, how many
cookies would be needed to cover all expenses ? How much profit
would be made.
PROFIT = SELLING PRICE – COST PRICE
if all the cookies were sold? Is selling the cookies for 50 cents each
reasonable, or
would it be better to sell them for 75 cents each?
Q If the cookies are sold as a 6-pack, what would be a reasonable sale
price?
Explain.
You must prepare a written report that will be shared with the
president and vice-president of Jamie Lee Foods. You must show all
calculations and provide clear and concise explanations for
determining what you think would be the best option for
Jamie Lee Foods.
Answers: 3
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