Fred Flingstone operates a French Fries stand at the local flee market that operates for 8 weekends through the summer. The market vendor fee is $50 per weekend, his vendor insurance is $376 for the summer and he has committed to paying a helper $150 per weekend. His variable costs are $1.58 per French Fries (This includes the cost of napkins, ketchup and salt). He plans to sell the fries for $3.50 each and he knows from experience that he can make a maximum of 200 fries each weekend. a) How many fries does he have to sell per week to break even? b) On one weekend he gets sick and cannot get to the market? What is his net loss for that weekend? c) Another french fries vendor at the market sells fries for $3.10 each. How many fries would Fred have to sell in summer at this price to break even assuming none of his costs change? d) How much would he have to change the variable costs (assuming original fixed costs) to maintain his original break even point if he sold fries at $3.00? O a) 129 fries b) $248 and c) 163 and d) $0.49 O a) 129 fries b) $247 and c) 163 and d) $0.49

Fred Flingstone operates a French Fries stand at the local flee market that operates for 8 weekends through the summer. The market vendor fee is $50 per weekend, his vendor insurance is $376 for the summer and he has committed to paying a helper $150 per weekend. His variable costs are $1.58 per French Fries (This includes the cost of napkins, ketchup and salt). He plans to sell the fries for $3.50 each and he knows from experience that he can make a maximum of 200 fries each weekend. a) How many fries does he have to sell per week to break even? b) On one weekend he gets sick and cannot get to the market? What is his net loss for that weekend? c) Another french fries vendor at the market sells fries for $3.10 each. How many fries would Fred have to sell in summer at this price to break even assuming none of his costs change? d) How much would he have to change the variable costs (assuming original fixed costs) to maintain his original break even point if he sold fries at $3.00? O a) 129 fries b) $248 and c) 163 and d) $0.49 O a) 129 fries b) $247 and c) 163 and d) $0.49

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Description: Fred Flingstone operates a French Fries stand at the local flee market that operatesfor 8 weekends through the summer. The market vendor fee is $50 per weekend, hisvendor insurance is $376 for the summer and he has committed to paying a helper$150 p

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter4: Systems Of Linear Equations

Section4.2: Solve Applications With Systems Of Equations

Problem 4.29TI: Geraldine has been offered positions by two insurance companies. The first company pays a salary of...

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Concept explainers

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.

Topic Video

Question

Fred Flingstone operates a French Fries stand at the local flee market that operates
for 8 weekends through the summer. The market vendor fee is $50 per weekend, his
vendor insurance is $376 for the summer and he has committed to paying a helper
$150 per weekend. His variable costs are $1.58 per French Fries (This includes the
cost of napkins, ketchup and salt). He plans to sell the fries for $3.50 each and he
knows from experience that he can make a maximum of 200 fries each weekend.
a) How many fries does he have to sell per week to break even?
b) On one weekend he gets sick and cannot get to the market? What is his net loss
for that weekend?
c) Another french fries vendor at the market sells fries for $3.10 each. How many
fries would Fred have to sell in summer at this price to break even assuming none of
his costs change?
d) How much would he have to change the variable costs (assuming original fixed
costs) to maintain his original break even point if he sold fries at $3.00?
a) 129 fries b) $248 and c) 163 and d) $0.49
a) 129 fries b) $247 and c) 163 and d) $0.49

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