Materials needed to go making this product include popcorn, popsicles, and the cups. Next on the agenda are the human resources needed to make this product. In terms of human resources, the manufacturers who create the goods will come from various brands and all those who sell the goods. All goods purchased will be from Walmart. Before purchasing items, the $20 budget will be taken into account. In terms of staff that will run the stand to sell the goods, the heads of the company will be in charge. Though these goods will be premade from various manufacturers, running the stand involves packaging the goods into cups, preparing and cooking the food, and taking orders from customers, these are part of the human resources needed to make the product …show more content…
These materials and goods will include utensils such as cups, as well as the goods being sold themselves: popsicles and popcorn. The popcorn purchased will be Orville Redenbacher’s Movie Theater Butter Microwave Popcorn. Each box costs $4.98, or $5.23 once tax is added. A total of twelve packages of popcorn will be in each box purchased. Each of these packages of popcorn contain 3.29oz, with a net weight of 49.49oz. Due to the $20 budget that must be accommodated, only one box of Orville Microwave Popcorn will be purchased. Furthermore, a box containing 12 packages will be sufficient enough in accommodating the needs of consumers. Then, the next good to be purchased will be the popsicles. The popsicle purchased from Walmart will be the Pop-Ice Freezer Pops in different Assorted Flavors. Each one of these boxes contains 80 popsicles, with each individual popsicle containing 1.5oz. This means the total net weight for all popsicles adds to 7.5lbs. Each box costs $3.98, and once tax is taken into account, the total comes to $4.18. Due to the budget of $20 that must be accommodated, only a single box will be purchased. As each box comes to 80 popsicles, a single box will be sufficient in accommodating the needs of consumers. The final cost that must be considered are the utensils. For our company, the only utensils that will need to be purchased are the cups. For the popcorn that will be sold, our company will provide …show more content…
So, the expenditure for our materials, popcorn and popsicles, comes to a total of $8.96. Popsicles come in a pack of 80, so the price per individual that we are paying is 5 cents. In resale, we are going to be marking up the price to $1, so per popsicle sold, we will receive a 95 cent gain. Also, $1 is an easy amount to pay and advertise for, and not so much that our consumers will hesitate to buy it. As for popcorn, they come in a box of 12 individual packets that are each 42 cents. We will resell the popcorn in two different sizes, small (in a cup) and large (the whole bag), also so consumers have a cheaper option for buying popcorn. Small cups will be sold for $1 and whole bags will be sold for $2. So from selling one bag, we will receive $1.58 in