Last month, Sue, of sue's sandwiches, sold $3000 worth of product(sandwiches and sodas) from her sidewalk cart to 300 customers. She spent $600 on the sandwich ingredients and buying the sodas wholesale. Her monthly costs are the following: Utilities = $60, salary =$1,500, advertising = $0, Insurance =$50, Interest =$0, Rent(for the cart)=$300, Depreciation =$0. What are Sue's variable cost? Explain. What is Sue's COGS? Explain What are her fixed costs? Explain What is Sues YOU? How much cash reserve should she keep in the bank?
Search instead for Last month, Sue, of sue's sandwiches, sold $3000 worth of product(sandwhiches and sodas) from her sidewalk cart to 300 customers. She spent $600 on the sandwich ingredients and buying the sodas wholesale. Her monthly costs are the following: Utilities = $60, salary =$1,500, advertising = $0, Insurance =$50, Interest =$0, Rent(for the cart)=$300, Depreciation =$0. What are Sue's variable cost? Explain. What is Sue's COGS? Explain What are her fixed costs? Explain What is Sue's EOU? How much cash reserve should she keep in the bank?
Last month, Sue, of Sue's Sandwiches, sold $3,000 worth of product (sandwiches and sodas) from her sidewalk cart to 300 customers. She spent $600 on the sandwich ingredients and buying the sodas wholesale. Her monthly costs are the following: Utilities = $60, Salary = $1,500, Advertising = $0, Insurance = $50, Interest = $0, Rent (for the cart) = $300, Depreciation = $0.
a. What are Sue's variable costs? Explain.
b. What is Sue's COGS? Explain.
c. What are her other variable costs? Explain.
d. What are her fixed costs? Explain.
e. What is Sue's EOU?
f. How much cash revenue should she keep in the bank?
2 answers
Last month, Sue, of sue's sandwiches, sold $3000 worth of product(sandwiches and sodas) from her sidewalk cart to 300 customers. She spent $600 on the sandwich ingredients and buying the sodas wholesale. Her monthly costs are the following: Utilities = $60, salary =$1,500, advertising = $0, Insurance =$50, Interest =$0, Rent(for the cart)=$300, Depreciation =$0. What are Sue's variable cost?