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Cost and Revenue of Snowintons
Yehudi soto
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Snowintons Its summer time and in what is it better to re-hydrate your self with a snow cone. A snow cone that is very cheap and is a well profited item.
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Cost per item the cost per snow cone would be 0.66 cents because we make a total of 30 snow cones and each cup would cost 0.99 cents so 0.99 divided by 30 will give you 66 cents so each snow cone would cost 0.66 cents
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Cost equation The equation for total cost would be y=0.66x+2 (2=advertisement) (0.66 = cost for each to make) Y=0.66x+2 x= number of snow cones. If were to pulg in x for 3 I would have sold three snow cones but total cost would be 3∙ would give you total cost
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Revenue equation The revenue equation would be y=x x would equal the number of snow cones times one because each snow cone I sell I will make 1 dollar so if I have y=x when x= 3 it would be 3∙1=3 and y would equal 3 for the revenue equation.
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Projected Revenue For each snow cone we sell it would cost a total of 1 dollar the reason is because if a kit cost 20 dollars and it brings 30 cups if we sell a total of 30 snow cones and of each snow cone we sell we make a dollar we made 30 dollars already and we already made our cost and some profit after it will be easier to sell snow cones for 1 dollar then something that cost 2 dollars. It all about getting things sold cheaper
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Graphing snow cones Revenue is y=x Red dot = revenue Purple dot= cost
Cost is y=0.66x+2 As you can see my revenue makes more money then cost so at time being after 6 snow cones sold you will always make more then your cost so after all sales you will be profiting money in your pocket
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