Hot Dog Express

1) Use formulas to calculate the following data (see class instruction sheet for details)

Food Item
Hotdogs
Buns
Cheese, Shredded
Mustard
Mayonnaise
Pickle Relish
Ketchup
Onions
Chili

Package
48 count
24 count
3 lb.
2 lb.
1 qt. Bottle
2 qt. Bottle
2 lb.
3 lb.
5 lb.

Serving
s per
Package
48
24
48
32
64
32
24
60
66

$
$
$
$
$
$
$
$
$

Cost
5.95
3.76
9.95
1.98
3.29
2.15
4.98
1.98
8.95

Serving
Cost
$ 0.12
$ 0.16
$ 0.21
$ 0.06
$ 0.05
$ 0.07
$ 0.21
$ 0.03
$ 0.14
$

100%
Markup
$ 0.25
$ 0.31
$ 0.41
$ 0.12
$ 0.10
$ 0.13
$ 0.42
$ 0.07
$ 0.27
Pricing Totals
1.04 $ 2.09

1)What is the costliest item to you by package? $ 9.95

2)What the least expensive items to you per serving? $ 0.13
3)What is the average cost of your hot dog food items? $4.78
4)With a 100% markup, what is your hot dog total to the customer? $8.48
5)With a 100% markup,
what
the profit
you above
make per
dog? the
$ 1.71
Use
theisresults
from
to hot
answer
following
questions:
***NOTE: EACH ANSWER IN COLUMN F MUST BE A FORMULA***
6)To reach a daily goal of $800 in hot dog sales, how many customers
are needed if each customer orders 2 hotdogs? 134

uction sheet for details)

Selling
Price
(per serving)
$
0.50
$
0.63
$
0.83
$
0.25
$
0.21
$
0.27
$
0.83
$
0.13
$
0.54
Pricing Totals
$
4.18 Hot Dog Price
6%
Sales Tax
$4.24
Hot Dog Selling Price After Tax
Cheese, Shredde use a formula for F19 and put the food description in G19
Onions
use a formula for F20 and put the food description in G20

the following

MUST BE A FORMULA***