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Hot Dog Express

1) Use formulas to calculate the following data (see class instruction sheet for details)

Food Item
Hotdogs
Buns
Cheese, Shredded
Mustard
Mayonnaise
Pickle Relish
Ketchup
Onions
Chili

Package
48 count
24 count
3 lb.
2 lb.
1 qt. Bottle
2 qt. Bottle
2 lb.
3 lb.
5 lb.

Serving
s per
Package
48
24
48
32
64
32
24
60
66

$
$
$
$
$
$
$
$
$

Cost
5.95
3.76
9.95
1.98
3.29
2.15
4.98
1.98
8.95

Serving
100%
Cost
Markup
$ 285.60 $ 571.20
$
90.24 $ 180.48
$ 477.60 $ 955.20
$
63.36 $ 126.72
$ 210.56 $ 421.12
$
68.80 $ 137.60
$ 119.52 $ 239.04
$ 118.80 $ 237.60
$ 590.70 $ 1,181.40
Pricing Totals
$ 2,025.18 $ 4,050.36

Use the results from above to answer the following


questions:
***NOTE: EACH ANSWER IN COLUMN F MUST BE A FORMULA***
1)What is the costliest item to you by package? $ 590.70
2)What the least expensive items to you per serving? $ 63.36
3)What is the average cost of your hot dog food items? $ 225.02
4)With a 100% markup, what is your hot dog total to the customer? $ 4,050.36
5)With a 100% markup, what is the profit you make per hot dog? $ 18,226.62
6)To reach a daily goal of $800 in hot dog sales, how many customers are
needed if each customer orders 2 hotdogs?

n sheet for details)


Selling
Price
(per
serving)
$2,570.40
$ 812.16
$4,298.40
$ 570.24
$1,895.04
$ 619.20
$1,075.68
$1,069.20
$5,316.30
ing Totals
### Hot Dog Price
$1,093.60 Sales Tax 6%
$19,320.22 Hot Dog Selling Price After Tax

ollowing

T BE A FORMULA***
Chili
use a formula for F19 and put the food description in G19
Mustard
use a formula for F20 and put the food description in G20

18,226.62

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