1) The amount of money I need to start of with is about $20,000 because of all the items I need to start my business. I would be using this money to open a business which I sell Slushie. To make Slushies I need items to start my work and the items I need are water, ice, Flavoured food coloring, cups, straws, blenders, and sugar. All these items are required because that is how I will make my Slushies.
|Items |Quantity |Price |Fixed or Variable? |
|Water |1000 |$4.00 each 2L ($4000) |Variable |
|Ice …show more content…
These 5 months it will be running because of the cold season which starts in November and ends at March. During these cold weathers Slushies won’t be sold.
Production Schedule
Labour |Total Product |Marginal Product |Fixed Cost |Variable Cost |Total Cost |Marginal Cost | |0 |0 | ___ |800 |0 |800 | _______ | |1 |60 |60 |800 |160 |960 |160 | |2 |180 |120 |800 |300 |1100 |140 | |3 |260 |80 |800 |450 |1250 |150 | |4 |230 |-30 |800 |575 |1375 |125 |