DECIDING ON A CLUB ENTERPRISE 1. Suppose your club wants to earn money by selling hotdogs...
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DECIDING ON A CLUB ENTERPRISE 1. Suppose your club wants to earn money by selling hotdogs at local basketball games. 2. You believe you could sell 3,000 hotdogs during the 12-game season at a price of $1.50 each. 3. You must rent a booth at the gymnasium for $50 per night. Labor will be supplied free by members of the club. You need to predict your costs and profits. Complete the form below. 4. 5. Check the prices at http://www.wegmans.com/ (an online grocery store) for food items included on the list. Rent for a booth for 12 nights Cost of hot dogs for 3,000 hotdogs Cost of 3,000 hotdog buns Ketchup (one 32 oz. bottle per 75 hotdogs) Mustard (one 16 oz. bottle per 100 hotdogs) Paper napkins (one per hotdog) Gas for grill Total cost of producing 3,000 hotdogs Total revenue for selling 3,000 hotdogs Profit or loss $ $ $ es $ $ $ $ $ $ $ $ 58.00 (F)) Ba DECIDING ON A CLUB ENTERPRISE 1. Suppose your club wants to earn money by selling hotdogs at local basketball games. 2. You believe you could sell 3,000 hotdogs during the 12-game season at a price of $1.50 each. 3. You must rent a booth at the gymnasium for $50 per night. Labor will be supplied free by members of the club. You need to predict your costs and profits. Complete the form below. 4. 5. Check the prices at http://www.wegmans.com/ (an online grocery store) for food items included on the list. Rent for a booth for 12 nights Cost of hot dogs for 3,000 hotdogs Cost of 3,000 hotdog buns Ketchup (one 32 oz. bottle per 75 hotdogs) Mustard (one 16 oz. bottle per 100 hotdogs) Paper napkins (one per hotdog) Gas for grill Total cost of producing 3,000 hotdogs Total revenue for selling 3,000 hotdogs Profit or loss $ $ $ es $ $ $ $ $ $ $ $ 58.00 (F)) Ba
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Related Book For
International Business and the New Realities
ISBN: 978-0136090984
2nd Edition
Authors: S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
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