Bryan and Shawn are playing a game of Monopoly. Bryan has 5 houses, which he is willing to sell to Shawn. Bryan bought the houses at a cost of $37 per house (in Monopoly money) and incurred maintenance charges from a community chest card of $12 per house. Bryan decided to sell all the houses for a total of $220. Calculate the net profit for Bryan in the game due to this deal.

 

2. Norman owns a caf. Norman's caf sells only one type of coffee. The fixed cost of the caf per month is $10,000. The selling price of each coffee is $7 and the variable cost per coffee is $2. In the month of April, Norman's caf sold 3700 coffees.

At the end of April, has the caf broken even? If yes, how much by? If not, how many dollars short was the caf? (In either case, use Net Operating Income/(Loss))

3. Rose sells firecrackers for $5.27 per packet. If Rose's fixed costs are $69,000, and she seeks a target profit of $94,000 on 79,000 packets sold, what does she need her variable cost per packet to be?

Round your answer to the nearest cent. Do not round intermediary calculations.

Answer rating: 100% (QA)

1 Lets first calculate the total cost incurred by Bryan for the houses Total cost per house Cost of ... View the full answer