Cost Analysis of Eight Burgers

Table of contents

Abstract

Surviving in this complicated world has urged a lot of people to find ways to earn for a living.  This created entrepreneurs or business-minded people; they think of ways to utilize and maximize the raw materials available.  To be able to earn a profit, a business should, as much as possible, lessen the cost of production and the cost of raw materials used.  Cost is an expense incurred in acquiring or making a product.  In order to produce profit, one must do a thorough analysis of the costs incurred during production.  The costs identified are the basis of pricing a product.  The cost determines the market value or the market price of a product and thus, cost analysis is a crucial step of any business to be able to measure profitability. As one author said, “Bottom-line, the purpose for the preparation of a Cost/Benefit Analysis is to allow a company to “Look before you leap.” (Bryce, T. 1998-2008).

Cost Analysis of Eight Burgers

To introduce computing for cost, a sample was given to have an idea of how the cost of a simple six ounce burger was derived.  Suppose you’re going to invite friends over and you estimated you will make eight hamburgers.  The ingredients and costs are shown at the template below:

Hamburger Cost Analysis

The ingredients for eight hamburgers bought from the store cost a total of $12.99.  If you noticed, not all the ingredients will get entirely consumed like the pickles, ketchup, and mustard.  The cost of each ingredient actually used was derived by dividing the package cost by the number of servings per package, and the result will be multiplied with the number of servings needed.  So the actual cost of the eight hamburgers is $10.98, or $1.36 per one, six-ounce, hamburger.  It is interesting to know too, the nutritional value of the ingredients of the hamburger. The question is, does a six-ounce hamburger have the all the six basic nutrients needed by the body?  Let us find out.  First nutrient is carbohydrates.

The buns are made from wheat which gives carbohydrates.  Mustard came from mustard wheat which also gives a form of carbohydrates.  The next nutrient is protein, which the ground beef is very rich at.  Beef also has fat content too, which helps in gaining back memory loss.  Third nutrient is the mineral.  One can be sure to get minerals from vegetables and fruits, and there’s lettuce, pickles and tomato in a burger.  Take note that a tomato is also rich in lycopene and potassium.  Water is also present in tomatoes and pickles and is one of the six basic nutrients.  Ketchup and mustard have water content too.  Ketchup and mustard have other ingredients in it that gives other forms of nutrients too.

One can say then that a hamburger is a complete meal based on the nutritional content of it.  In analysis, for $1.36, one can get nourished with the six basic nutrients recommended for diet.  Who wouldn’t want a hamburger?  This can be a basis for a lot of people who would like to sell hamburgers one day because of its marketable value.

References

  1. Bryce, T. 1998-2008. The Elements of Cost/Benefit Analysis.  Information Technology
  2. Toolbox, Inc. May 28, 2008. [http://blogs.ittoolbox.com/pm/irm/archives/the-elements-of-costbenefit-analysis-3724].
  3. Hamburger Cost Analysis. 2005. Cardean Learning Group LLC.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyStudyWriters
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business and administrative studies
always perfect work and always completed early
Customer 452773, February 21st, 2023
Business and administrative studies
excellent job! got an A, thank you
Customer 452773, May 24th, 2023
Business and administrative studies
looks good thank you
Customer 452773, March 3rd, 2023
Business and administrative studies
perfect
Customer 452773, February 23rd, 2023
Business and administrative studies
Excellent job
Customer 452773, March 9th, 2023
Business and administrative studies
Perfect
Customer 452773, February 23rd, 2023
Business and administrative studies
excellent paper
Customer 452773, March 3rd, 2023
Human Resources Management (HRM)
excellent job
Customer 452773, July 17th, 2023
Nursing
I just need some minor alterations. Thanks.
Customer 452547, February 10th, 2021
Management
Thank you!!! I received my order in record timing.
Customer 452551, February 9th, 2021
Human Resources Management (HRM)
excellent
Customer 452773, June 25th, 2023
Human Resources Management (HRM)
excellent work
Customer 452773, July 3rd, 2023
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Close

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes
Live ChatWhatsApp