Homework Help: Math-Urgent please

Posted by janay1978 on Saturday, July 11, 2009 at 9:33pm.

Healthy food Inc sells 50lb bags of grapes to the military for $10 a bag.
The fixed costs of this operation are $80,000 while the variable costs of the grapes are $10 per lb.

Calculate the profit or loss on 12,000 bags and on 25,000 bags. Can you please walk me through on how to come to the answer. I am so confused.

Math-Urgent please - DrBob222, Saturday, July 11, 2009 at 9:56pm
How much will 12,000 bags of grapes bring in sales? 12,000 bags x $10/bag = $120,000
The profit is the sales - fixed costs = 120.000 - 80,000 = $40,000 profit.

Do the same for the 25,000 bags. Post your work and detail exactly what you don't understand if you get stuck.
Math-Urgent please - Ms. Sue, Saturday, July 11, 2009 at 10:30pm
What about the variable costs of $10 per pound?
Math-Urgent please - DrBob222, Saturday, July 11, 2009 at 11:13pm
I read that as $10/bag and not $10/lb. Disregard my work. Thanks Ms. Sue.

Answer this Question

Related Questions

Math-FInance please help me - Healthy food Inc sells 50lb bags of grapes to the ...
Math-DrBob222 - Healthy food Inc sells 50lb bags of grapes to the military for $...
Finance - Please help!!! Healthy foods sells 50 lb. bags of grapes to the ...
Break-Even Analysis - Healthy Food, Inc., sells 50-pound bags of grapes to the ...
health - Healthy Foods, Inc., sells 50-pound bags of grapes to the military for...
accounting - Can somebody help me figure out how to calculate the profit or loss...
break even analysis - 13. Healthy Foods, Inc., sells 50-pound bags of grapes to ...
i needhelp with e and i want to know if i am right - 13. Healthy Foods, Inc. ...
fin. am I correct? - 13. Healthy Foods, Inc. sells 50-pound bags of grapes to ...
fin. am I correct? - 13. Healthy Foods, Inc. sells 50-pound bags of grapes to ...

For Further Reading

First Name:
School Subject:
Answer: