The Sweet Spot D’Vine Fitzgerald B&D Block. The Sweet Spot Our product name is The Sweet Spot. We will be selling a variety of sweets. From homemade brownies.

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Presentation transcript:

The Sweet Spot D’Vine Fitzgerald B&D Block

The Sweet Spot Our product name is The Sweet Spot. We will be selling a variety of sweets. From homemade brownies to skittle and everything in between. T.S.S is the initial of our business name which stands for The Sweet Spot.

Gum: Cost Per Unit The cost per unit for the gum is $0.89. I know this because I took the total cost of the item which was $2.68. We took $2.68 and divided it by three because there are three packs off gum in the package. $2.68÷3= $0.89. that is how we got the unit cost of the gum.

Gum :Cost Equation Y =$0.89x Y = Total cost in dollars X= Number of gum packs $0.89 = the cost per gum pack

Gum: Revenue Equation y = $0.89x Y = total revenue in dollars X = number of gum packs $0.89 = the amount of revenue per gum pack

Gum Graph 1.The two lines intersect at point (0,0). That means for the first thing we sell we are going to get a profit. 2.When my revenue line is higher than my unit cost line that means I am getting paid more than I’m spending. 3.The profit shown on the graph I between the cost and the revenue. = the profit between the cost and revenue.

Mini-Mix Chocolate: Unit Cost Equation Y=$0.24x Y= total cost in dollars X= number of mini chocolates $0.24= The unit cost per chocolate

Mini-Mix Chocolate: Revenue Equation Y=$0.24 Y=total revenue in dollars X= total amount of chocolate sold $0.24= the amount of revenue per chocolate

Mini-Mix Chocolate Graph 1.The two lines intersect at point (0,0). That means for the first thing we sell we are going to get a profit. 2.When my revenue line is higher than my unit cost line that means I am getting paid more than I’m spending. 3.The profit shown on the graph I between the cost and the revenue. = the profit between the cost and revenue.

Gum & Mini-Mix Chocolates: Projected Revenue For the gum we will be charging $1.25. We thought that this was a reasonable cost because it is almost double the cost of the unit cost of the gum and gives us a good profit. For the Mini-Mix Chocolate we will be charging $0.50 for each chocolate. We will be making a good profit and it is a good price.