1. A food truck orders red cabbage to make for a spicy cole slaw for lunch order
ID: 2501749 • Letter: 1
Question
1. A food truck orders red cabbage to make for a spicy cole slaw for lunch orders, typically going through 46 red cabbages per week. They have 6 on hand currently, but would like to have at least 12 on hand at the end of each week. Cabbage comes 6 to a box. What quantity should they order?2. An organic café has food sales of $288,000 per year and beverage sales of $174,000, with food costs of $180,000 and beverage costs of 41,000 respectively. They also have wages, benefits, rent, marketing and other expenses totaling $311,000. They also share with you that their interest income is $3,000 and have asked you to determine their gross profit and net profit. List and label gross profit and net profit below. 1. A food truck orders red cabbage to make for a spicy cole slaw for lunch orders, typically going through 46 red cabbages per week. They have 6 on hand currently, but would like to have at least 12 on hand at the end of each week. Cabbage comes 6 to a box. What quantity should they order?
2. An organic café has food sales of $288,000 per year and beverage sales of $174,000, with food costs of $180,000 and beverage costs of 41,000 respectively. They also have wages, benefits, rent, marketing and other expenses totaling $311,000. They also share with you that their interest income is $3,000 and have asked you to determine their gross profit and net profit. List and label gross profit and net profit below. 1. A food truck orders red cabbage to make for a spicy cole slaw for lunch orders, typically going through 46 red cabbages per week. They have 6 on hand currently, but would like to have at least 12 on hand at the end of each week. Cabbage comes 6 to a box. What quantity should they order?
2. An organic café has food sales of $288,000 per year and beverage sales of $174,000, with food costs of $180,000 and beverage costs of 41,000 respectively. They also have wages, benefits, rent, marketing and other expenses totaling $311,000. They also share with you that their interest income is $3,000 and have asked you to determine their gross profit and net profit. List and label gross profit and net profit below. 1. A food truck orders red cabbage to make for a spicy cole slaw for lunch orders, typically going through 46 red cabbages per week. They have 6 on hand currently, but would like to have at least 12 on hand at the end of each week. Cabbage comes 6 to a box. What quantity should they order?
2. An organic café has food sales of $288,000 per year and beverage sales of $174,000, with food costs of $180,000 and beverage costs of 41,000 respectively. They also have wages, benefits, rent, marketing and other expenses totaling $311,000. They also share with you that their interest income is $3,000 and have asked you to determine their gross profit and net profit. List and label gross profit and net profit below.
Explanation / Answer
1. Red cabbage on hand at the end of each week at least = 12 numbers
Less: Number of Red cabbage on hand currently = 6 numbers
6 numbers
Add: requirement going through per week = 46 numbers
Red cabbage quantity to order = 52 numbers
Cabbage comes 6 to a box, so no. of boxes to order = 52 / 6 = 8.67 OR 9 Boxes
2. AN ORGANIC CAFE
PROFIT AND LOSS STATEMENT
Total Sales = $288000 + $174000 = $ 462,000
Less: Total Cost = $180000 + $41000 = $ 221000
GROSS PROFIT = $ 241000
Add: Interest Income = $ 3000
Less: Wages, benefits, rent, marketing
and other expenses = $ 311000
NET PROFIT OR (LOSS) = ($67000)
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