if you were incharge of bying a milk for a family or five but not everyone has breakfest at home everyday what kind of expensive will the milk be
What choices do you have?
Obviously variable expenses
Because if the five member where to be having their break fast at home then the expenses would be fixed
The Variable cost changes in short time with respect to the members of the family
To determine the cost of milk for a family of five, taking into account that not everyone has breakfast at home every day, you will need to consider a few factors:
1. Number of people having breakfast at home: Determine how many family members have breakfast at home on a daily basis. Let's assume three out of the five family members have breakfast at home regularly.
2. Milk consumption per person: Determine the average amount of milk each person consumes during breakfast. Let's assume each person consumes 1 cup (8 ounces) of milk.
3. Frequency of breakfast at home: Determine the number of days in a week that breakfast is prepared at home. Let's assume breakfast is prepared at home five days a week.
4. Cost of milk: Research the price of milk per gallon in your local area. Let's assume the cost of a gallon of milk is $4.
Now let's calculate the cost:
1. Calculate the total consumption per person per week:
- 3 family members x 5 days per week x 1 cup per day = 15 cups per week
2. Calculate the total consumption for the family per week:
- 15 cups per week x 5 family members = 75 cups per week
3. Convert cups to gallons:
- 75 cups รท 16 cups per gallon = 4.7 gallons per week (rounded up to 5 gallons for convenience)
4. Calculate the cost of milk for the family per week:
- 5 gallons per week x $4 per gallon = $20 per week
Therefore, if three family members have breakfast at home regularly and the cost of milk is $4 per gallon, the weekly cost of milk for the family will be approximately $20.