understanding revenue & profit\nejs food truck sold the following at the charlotte knights baseball…

understanding revenue & profit\nejs food truck sold the following at the charlotte knights baseball game:\nproduct quantity purchased price per unit\npork belly 700 $0.50\npulled pork sandwiches 925 $6.00\ncombo meals (pulled pork sandwich, chips and drink) 1012 $5.00\na. ejs total revenue is $ type your answer..\nb. ejs total operating costs for one day at the baseball game is $10,325. therefore his total profit is $ type your answer..

understanding revenue & profit\nejs food truck sold the following at the charlotte knights baseball game:\nproduct quantity purchased price per unit\npork belly 700 $0.50\npulled pork sandwiches 925 $6.00\ncombo meals (pulled pork sandwich, chips and drink) 1012 $5.00\na. ejs total revenue is $ type your answer..\nb. ejs total operating costs for one day at the baseball game is $10,325. therefore his total profit is $ type your answer..

Answer

Explanation:

Step1: Calculate revenue for each product

Revenue of Pork Belly = Quantity × Price per unit = $700\times0.50 = 350$ Revenue of Pulled - Pork Sandwiches = $925\times6.00=5550$ Revenue of Combo Meals = $1012\times5.00 = 5060$

Step2: Calculate total revenue

Total revenue = Revenue of Pork Belly+Revenue of Pulled - Pork Sandwiches+Revenue of Combo Meals Total revenue = $350 + 5550+5060=10960$

Step3: Calculate total profit

Profit = Total revenue - Total operating costs Profit = $10960 - 10325=635$

Answer:

A. $10960$ B. $635$