Can you please give answer for accounting question A vendor prepares 100 hotdogs every day and sells them at $20/piece. For each hotdog, he spends $12 on the raw material. Additionally, he spends $1 for packing eachhotdog and monthly $50, $20, and $10 for food truck rent, electricity, and otherexpenses respectively. Lost sales are taken as $1 per unhappy customer. Leftoverhotdogs can be sold for $5/piece. On a particular day in June, it rained heavily so thevendor was able to sell only 80 hot dogs.Determine the vendor's profit for that day. Assume there are 30 days in the month.

Step 1: Calculate the daily variable costs for 100 hotdogsStep 2: Calculate the daily fixed…

Answered: A vendor prepares 100 hotdogs every day…

Principles of Accounting Volume 2

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ISBN:9781947172609

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Chapter10: Short-term Decision Making

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A vendor prepares 100 hotdogs every day and sells at $20/piece. For each hot dog, he spends $12 in the raw material. Additionally, he spends $1 for packing each hotdog and monthly $50, $20, $10 as food truck rent, electricity and other expenses respectively. On a particular day in June it rained heavily so vendor was able to sell only 80 hot dogs. For finishing the stock, he sold remaining hotdogs for $5/piece. Determine vendor’s profit for that day? Assume there are 30 days in the month. Question 8 options: 1) $97.3 2) $397.4 3) $197.4 4) $200
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Please solve C, D, and E.

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