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  • Profit For Lemonade Stand: Number of Items Sold

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    Al
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    This document describes the profit function for a lemonade stand: Profit = 0.40x - 4872 Where x is the number of items sold. It shows the profit at different levels of items sold, from 0 to 27,000. The fixed costs are $406 per period and the variable costs are $0.30 per item. Revenue is calculated as 0.70 per item and costs are the fixed plus variable amounts. The profit is calculated as revenue minus costs.

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    Week11 Team Wakanda

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    This document describes the profit function for a lemonade stand: Profit = 0.40x - 4872 Where x is the number of items sold. It shows the profit at different levels of items sold, from 0 to 27,000. The fixed costs are $406 per period and the variable costs are $0.30 per item. Revenue is calculated as 0.70 per item and costs are the fixed plus variable amounts. The profit is calculated as revenue minus costs.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views3 pages

    Profit For Lemonade Stand: Number of Items Sold

    Uploaded by

    Al
    This document describes the profit function for a lemonade stand: Profit = 0.40x - 4872 Where x is the number of items sold. It shows the profit at different levels of items sold, from 0 to 27,000. The fixed costs are $406 per period and the variable costs are $0.30 per item. Revenue is calculated as 0.70 per item and costs are the fixed plus variable amounts. The profit is calculated as revenue minus costs.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Profit = 0,40x - 4872

    x y
    0 -4872
    1000 -4472 Profit for Lemonade Stand
    2000 -4072
    3000 -3672
    8000
    4000 -3272
    5000 -2872
    6000 -2472
    6000
    7000 -2072
    8000 -1672
    9000 -1272
    4000
    10000 -872
    11000 -472
    12000 -72
    2000
    13000 328
    Profit

    14000 728
    15000 1128
    0
    16000 1528 0 5000 10000 15000
    17000 1928
    18000 2328
    -2000
    19000 2728
    20000 3128
    21000 3528
    -4000
    22000 3928
    23000 4328
    24000 4728 -6000
    25000 5128
    26000 5528 Number of Items Sold
    27000 5928
    ofit for Lemonade Stand Fixed Cost: $406.00
    Variable Cost $0.30
    Price: $0.70

    Revenue = (Price)(# of Units Sold)


    Revenue = 0,70x

    Cost = Fixed + Variable (# of Units So


    Cost = 406 + 0,30x

    Profit = Revenue - Cost


    Profit = 0,70x - (406 + 0,30x)
    15000 20000 25000 30000
    Profit = 0,70x + -1(406 + 0,30x)
    Profit = 0,70x + -406 + -0,30x

    Profit = 0,40x - 406

    Number of Items Sold *Annual Total Fixed Cost =


    Devided by 12 months =
    Price)(# of Units Sold)

    + Variable (# of Units Sold)

    x - (406 + 0,30x)

    x + -1(406 + 0,30x)
    x + -406 + -0,30x

    al Fixed Cost = $4,872.00


    12 months = $406.00

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