Question
1.) Expenses for a Pizza restaurant include raw material for pizza at $6.00 per slice, $124.00 as monthly rental and $36.00 monthly as insurance. Lost
1.) Expenses for a Pizza restaurant include raw material for pizza at $6.00 per slice, $124.00 as monthly rental and $36.00 monthly as insurance. Lost sale expense is considered to be $5.00 per unhappy customer. Leftover Pizza can be sold for $3. The restaurant is open 25 days in a month.
Today the restaurant prepared 200.00 pizza slices and sells them for $10.00/slice. There was a party at a nearby office so the demand for pizza went up to 224.00 slices. How much profit did the restaurant earn today?
The answer is $614, but I have no idea how to derive that answer.
2.) Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $111.00 as monthly rental and $27.00 monthly as insurance. Lost sale expense is considered to be $6.00 per unhappy customer. Leftover Pizza can be sold for $3. The restaurant is open 25 days in a month.
Today the restaurant prepared 200.00 pizza slices and sells them for $15.00/slice. There was a party at a nearby office so the demand for pizza went up to 214.00 slices. How much profit did the restaurant earn today?
The answer is 2036. I don't know how to get this answer either.
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