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

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.2: Systems Of Linear Equations: Three Variables
Problem 57SE: Three coworkers work for the same employer. Their jobs are warehouse manager, office manager, and...
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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
Transcribed Image Text: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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