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Determine the vendor profit for that day

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Question - A vendor prepares 100.00 hotdogs every day and sells at $19.00 /piece. For each hot dog, he spends $12.00 in the raw material. Additionally he spends $1.32 for packing each hotdog and monthly $42.00, $23.00, $13.00 as food truck rent, electricity and other expenses respectively. Lost sales are charged at $6.00 per lost sale. Leftover hotdogs can be sold for $3.

On a particular day in June 109.00 people came wanting to buy a hotdog. Determine the vendor's profit for that day? Assume there are 30 days in the month.

Reference no: EM133155072

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