Hot Dog Express

1) Use formulas to calculate the following data (see class instruction sheet for det
Selling
Serving
Price
s per
Serving 100%
(per
Food Item
Package Package Cost
Cost
Markup serving)
Hotdogs
48 count
48 $ 5.95 $ 0.12
$0.12 $ 0.25
Buns
24 count
24 $ 3.76 $ 0.16
$0.16 $ 0.31
Cheese, Shredded
3 lb.
48 $ 9.95 $ 0.21
$0.21 $ 0.41
Mustard
2 lb.
32 $ 1.98 $ 0.06
$0.06 $ 0.12
Mayonnaise
1 qt. Bottle
64 $ 3.29 $ 0.05
$0.05 $ 0.10
Pickle Relish
2 qt. Bottle
32 $ 2.15 $ 0.07
$0.07 $ 0.13
Ketchup
2 lb.
24 $ 4.98 $ 0.21
$0.21 $ 0.42
Onions
3 lb.
60 $ 1.98 $ 0.03
$0.03 $ 0.07
Chili
5 lb.
66 $ 8.95 $ 0.14
$0.14 $ 0.27
Pricing Totals
$ 1.04 $ 1.04 $ 2.09
$0.13
$2.21
Use the results from above to answer the following
questions:
***NOTE: EACH ANSWER IN COLUMN F MUST BE A
FORMULA***
1)What is the costliest item to you by package? $ 0.21 Ketchup
2)What the least expensive items to you per serving? $ 0.03 Onions
3)What is the average cost of your hot dog food items? $ 0.12
4)With a 100% markup, what is your hot dog total to the customer?
$2.21
5)With a 100% markup, what is the profit you make per hot dog? $ 2.09
6)To reach a daily goal of $800 in hot dog sales, how many customers
are needed if each customer orders 2 hotdogs?
$181

Hot Dog Price

Sales Tax 6%
Hot Dog Selling Price After Tax

use a formula for F19 and put the food description in G19
use a formula for F20 and put the food description in G20