Question

Shelley receives supplies for her sno-cones business weekly. She usually works concession at four events a week and averages sales of 190 sno-cones at each event. With her supplies cost at $0.35, if she budgets $250 per week for supplies, did she budget enough?

Answer 1

Answer:

Shelley did not budget enough. She will need additional US$ 16 for fulfilling the average sales of 760 sno-cones at the 4 events. With the budget she has, she just can supply 714 sno-cones (250 / 0.35).

Step-by-step explanation:

1. Let's check all the information given for solving this question:

Cost of individual supply = US$ 0.35

Budget per week = US$ 250

Average sales of sno-cones per event = 190

Number of events per week = 4

2. Let's check if Shelley budgeted enough for the week events:

Total of sno-cones Shelley will sell = Average sales * Number of Events

Total of sno-cones Shelley will sell = 190 * 4 = 760

Cost of supplies for the week = Total of sno-cones * Cost of individual supply

Cost of supplies for the week = 760 * 0.35 = US$ 266

Budget per week = US$ 250

Budget per week  - Cost of supplies for the week = 250 - 266 = - 16

Shelley did not budget enough. She will need additional US$ 16 for fulfilling the average sales of 760 sno-cones at the 4 events. With the budget she has, she just can supply 714 sno-cones (250 / 0.35).