To make $1,500 with 150 people selling various food baskets, we can create a sales plan by determining the quantity and pricing of each type of basket. Below is one possible breakdown:
Options for Food Baskets:
- Hotdog Baskets
- Chicken Baskets
- Hamburger Baskets
- Nacho Baskets
Assumptions:
- Each person sells a certain number of baskets.
- Prices for baskets are varied to appeal to different budgets.
Suggested Prices & Quantities:
-
Hotdog Basket: $6
- Quantity to sell: 20 baskets
- Total Income: 20 x $6 = $120
-
Chicken Basket: $8
- Quantity to sell: 25 baskets
- Total Income: 25 x $8 = $200
-
Hamburger Basket: $10
- Quantity to sell: 30 baskets
- Total Income: 30 x $10 = $300
-
Nacho Basket: $5
- Quantity to sell: 50 baskets
- Total Income: 50 x $5 = $250
Breakdown:
With the above configuration, the income per category is:
- Hotdog Baskets: $120
- Chicken Baskets: $200
- Hamburger Baskets: $300
- Nacho Baskets: $250
Revised Quantity for Total Income:
Let’s adjust this to meet the total goal of $1,500.
Breakdown for Targeting $1,500:
To reach $1,500 with the least complexity:
-
Hotdog Baskets:
- Price: $6
- Quantity: 40
- Total Income: 40 x $6 = $240
-
Chicken Baskets:
- Price: $8
- Quantity: 25
- Total Income: 25 x $8 = $200
-
Hamburger Baskets:
- Price: $10
- Quantity: 50
- Total Income: 50 x $10 = $500
-
Nacho Baskets:
- Price: $5
- Quantity: 80
- Total Income: 80 x $5 = $400
Total Income Calculation:
- Hotdogs: $240
- Chicken: $200
- Hamburgers: $500
- Nachos: $400
Total = $240 + $200 + $500 + $400
Total = $1,340
We could adjust the quantities slightly to reach $1,500:
Revised Quantity Adjustment:
- Increase hotdogs to 50 (total income will be $300)
- Decrease nachos to 70 (total income will be $350)
Final Calculation:
- Hotdog Baskets: 50 x $6 = $300
- Chicken Baskets: 25 x $8 = $200
- Hamburger Baskets: 50 x $10 = $500
- Nacho Baskets: 70 x $5 = $350
Total Income:
- Hotdogs: $300
- Chicken: $200
- Hamburger: $500
- Nachos: $350
Final Total: $300 + $200 + $500 + $350 = $1,350
Note:
Adjust any basket quantity if necessary to hit the exact target of $1,500. You could increase the price of one type of basket slightly, or modify the quantity of nachos or chicken.
This breakdown of quantities and prices will help you strategically set up your sales to reach your income goal of $1,500.