Assume that you plan to open a soft ice-cream franchise in a resort community during the summer months. fixed operating costs for the three-month period are projected to be $9,800. variable costs per serving include the cost of the ice cream and cone, $0.76, and a franchise fee payable to austrian ice, ag, $0.24. a market analysis prepared by austrian ice indicates that summer sales in the resort community should total 24,000 units. determine the price you should charge for each ice cream cone to achieve a $25,000 profit for the three-month period. round answer to two decimal places.

$2.45

Explanation:

Fixed cost = $9,800

Variable cost:

= Units sold × (cost of the ice cream and cone + franchise fee)

= 24000 × ($0.76 + $0.24)

= $24,000

So,

total cost = Fixed cost +  Variable cost

               = $9,800 + $24,000

               = $33,800

Profit = $25,000

Now,

Sales = $58,800

Sales unit = 24,000

So,

Sales price per unit:

= $58,800 ÷ 24,000

= $2.45

Hence, the price one should charge for each ice cream cone to achieve a $25,000 profit for the three-month period is $2.45.

i do believe its modular luck

explanation:

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.