Heather is just about to start making and selling salad mix to grocers and retail consumers on
Fantastic news! We've Found the answer you've been seeking!
Question:
Heather is just about to start making and selling salad mix to grocers and retail consumers on Saturdays at Brighton city centre. Heather is a risk-averse pessimist. Historical information on sales demand as received from other salad mix sellers reveal that Heather can sell 100 salads on a good day, 80 salads on a moderately successful day and 20 salads on a bad day. Cost of making each salad mix is 1.80 and the selling price per unit is 6.
What would be the net margin on a moderately successful day for Heather?
Related Book For
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor
Posted Date: