as attached
Excellent 1111
20180410231957part_11.docx
1. What is your food truck's name?
Burger-licious
2. Describe the product your food truck will sell. (Only one meal type)
Cheeseburger
Fries
soda
3. Illustrate the rules of your group.
- is responsible for grilling the burgers
- Is responsible for taking orders and payments
- is responsible for the condiments station and fries
- is responsible for soda station and giving out orders
4. Briefly introduce your food truck, e.g. hours of business, location, operation format (how long does it take you to cook one meal?), etc
Burger-licious foodtruck sells cheeseburgers combos at CSULA campus
Our business hours are: Monday through Thursday from 11am to 5 pm PST
Our food truck is located at CSULA campus in front of Starbucks & student union.
It takes about 2 minutes to cook one meal (cheeseburger, fries, and coke)
Please determine all costs related to your food truck business using the following forms. Assume CSULA charges $4,000 per month, which include the permit to open a food truck on campus, as well as the electricity and water usage on the food truck.
1. Direct material costs: list the materials you need for the product and identify the costs of each material. For simplicity purpose, gasoline costs or shipping costs are included in the overhead costs. Please take a picture of the real price tag in a supermarket and post the picture in the form. (Please change the size of your picture to fit the form.) Water does not count as material since water fee is included in the monthly charge of CSULA. Do not forget paper plates, etc. Hint: if the amount is too small, we count it as indirect materials in the overhead.
|
Material Item |
Cost per Meal |
Resource |
Picture |
|
Burger Bun |
Each package has 8 buns, so Price/Qty $4.49/8 = $0.56 |
8 for $4.49 at Target |
|
|
Mayo
|
1.7 oz per serving = 17 servings. $4.69/17 = $0.28
|
30 OZ for $4.69 at Target
|
|
|
Ketchup |
18 servings $3.99/18 = $0.22 |
32 OZ for $3.99 at target |
|
|
Onions |
4 servings per onion $0.99/4 = $0.25 |
$0.99 per onion at target |
|
|
Beef patties |
4 servings $6.49/4 = $1.6 |
4 patties for $6.49 at target |
|
|
Soda |
3 cups per bottle $1.89/3 = $0.63 |
1 L bottle for $1.89 at target |
|
|
Tomatoes |
10 servings per lb $1.99/10 = $0.20 |
$1.99 tomatoes per lb at vons |
|
|
Lettuce |
15 servings per lettuce $1.59/15 = $0.12 |
$1.59 per lettuce at vons |
|
|
Cheese |
10 servings $0.28 |
12 OZ for 2.79 at vons |
|
|
Fries |
3 servings $1.87/3 = $1.00 |
26 OZ for $1.87 at target |
|
|
Total |
$4.76245 |
|
|
2- Direct labor costs: determine the labor cost per unit by calculating the labor cost per hour and the time needed to cook one meal. Note: if only the group members work on the food truck and the members only share the profit of the food truck as an owner, then you can count direct labor cost as zero.
|
Direct Labor Cost per Meal |
Calculation |
|
$1.80/meal |
Minimum wage: $12.00/hr + Administrator wage: $15.00/hr Average 15 meal per hour DLC: $1.80/meal |
3- Overhead cost: list the overhead costs of your food truck: $4,000 charge of CSULA; gasoline costs/shipping costs of materials; depreciation/rent of the food truck and the cookware, trash bags, etc. (Limited to 5 items.)
|
Overhead Cost Item |
Cost per Meal/Cost per Month (Please specify) |
Resource |
|
Paper plates + Napkins + cups |
$510/ per month
|
Plates $4.19 at target Napkins $3.12 at target Cups $4.29 at target |
|
Charge of CSULA |
$4000 |
CSULA |
|
Gasoline |
$500/ per month |
Chevron |
|
Trash bags |
$300/ per month |
$6.49 at target |
|
Rent of the truck and cookware |
$1600/ per month |
MOBI MUNCH company |
|
Total |
$6910 |
|
|
Average cost per meal |
$4.80 |
|
4- Selling and Administrative Cost: advertising costs; computer/ipad; marker/supplies, etc. (Limited to 5 items.) The workers are included in the direct labor costs.
|
Selling and Administrative Cost Item |
Cost per Meal/Cost per Month (Please specify) |
|
Flyers |
$10/Month |
|
Administrative supplies |
$25/Month |
|
Intuit Quick Books (accounting system) |
$4.50/Month |
|
Accountant Fees |
$300/Month |
|
Cleaning supplies |
$150/Month |
|
Total |
$489.50/Month |
|
Average cost per meal |
$0.34 |
|
|
|
Total Cost per Meal
11.74
