Asked by Stacey
A shop sells coffee and donuts. The coffee sells for $4.31 and donuts for $0.83 apiece. The cost to produce a cup of coffee is $1.50 and the cost to make a donut is $0.76. In month 1 the quantity of coffee sold is 1,283 and donuts sold was 216. In month 2 the quantity of coffee sold is 4,210 and donuts sold was 317.
a) Calculate the profit for month 1 and 2 for both coffee and donuts.
My answer for Month 1 is coffee profit is $3,605.23 and donut profit is $15.12. Month 2 coffee profit is $11,830.10 and donut profit is $23.59. Is this correct?
b) In month 3 the coffee profit is $8,763 and the donut profit is $99.99. What is the quantity of donuts and coffee sold?
My answer is 3,118 cups of coffee sold and 1,428 donuts sold. Is this correct?
a) Calculate the profit for month 1 and 2 for both coffee and donuts.
My answer for Month 1 is coffee profit is $3,605.23 and donut profit is $15.12. Month 2 coffee profit is $11,830.10 and donut profit is $23.59. Is this correct?
b) In month 3 the coffee profit is $8,763 and the donut profit is $99.99. What is the quantity of donuts and coffee sold?
My answer is 3,118 cups of coffee sold and 1,428 donuts sold. Is this correct?
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