The gross profit from the sales is $393.15.
1. Calculate the total cost:
To find the total cost, we multiply the cost to make each item by the number of units sold and sum them up.
Total cost = (Cost to make Snowball (Small) × Units sold) + (Cost to make Snowball (Large) × Units sold) + (Cost to make Nachos w/ peppers × Units sold) + (Cost to make Hot Dog × Units sold) + (Cost to make Fountain Drink × Units sold)
Total cost = ($0.45 × 45) + ($0.65 × 60) + ($1.50 × 22) + ($0.75 × 18) + ($0.20 × 28)
Total cost = $20.25 + $39.00 + $33.00 + $13.50 + $5.60
Total cost = $111.35
2. Calculate the total revenue:
To find the total revenue, we multiply the customer price of each item by the number of units sold and sum them up.
Total revenue = (Customer price of Snowball (Small) × Units sold) + (Customer price of Snowball (Large) × Units sold) + (Customer price of Nachos w/ peppers × Units sold) + (Customer price of Hot Dog × Units sold) + (Customer price of Fountain Drink × Units sold)
Total revenue = ($2.00 × 45) + ($3.00 × 60) + ($5.25 × 22) + ($3.50 × 18) + ($2.00 × 28)
Total revenue = $90.00 + $180.00 + $115.50 + $63.00 + $56.00
Total revenue = $504.50
3. Calculate the gross profit:
Gross profit is the difference between total revenue and total cost.
Gross profit = Total revenue - Total cost
Gross profit = $504.50 - $111.35
Gross profit = $393.15
Therefore, the gross profit from the sales is $393.15.