Calculate the net profit for bryan in the game due

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Reference no: EM133392339

Question 1. Bryan and Shawn are playing a game of Monopoly. Bryan has 5 houses, which he is willing to sell to Shawn. Bryan bought the houses at a cost of $37 per house (in Monopoly money) and incurred maintenance charges from a community chest card of $12 per house. Bryan decided to sell all the houses for a total of $220. Calculate the net profit for Bryan in the game due to this deal.

Question 2. Norman owns a café. Norman's café sells only one type of coffee. The fixed cost of the café per month is $10,000. The selling price of each coffee is $7 and the variable cost per coffee is $2. In the month of April, Norman's café sold 3700 coffees.

At the end of April, has the café broken even? If yes, how much by? If not, how many dollars short was the café? (In either case, use Net Operating Income/(Loss))

Question 3. Rose sells firecrackers for $5.27 per packet. If Rose's fixed costs are $69,000, and she seeks a target profit of $94,000 on 79,000 packets sold, what does she need her variable cost per packet to be?

Reference no: EM133392339

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