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#17 You run a nail salon. Fixed monthly cost is $5,672.00 for rent and utilities, $5,564.00 is spent in salaries and $1,489.00 in insurance. Also
#17 You run a nail salon. Fixed monthly cost is $5,672.00 for rent and utilities, $5,564.00 is spent in salaries and $1,489.00 in insurance. Also every customer requires approximately $5.00 in supplies. You charge $52.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $10,682.00, salaries to $6,070.00 and insurance to $2,474.00 per month. Cost of supplies will increase to $6.00 per service. However you can now charge $163.00 per service. At what point will you be indifferent between your current location and the new loaction? Submit Answer format: Number: Round to: O decimal places. #18 Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $109.00 as monthly rental and $26.00 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 $10.00/slice. There was a party at a nearby office so the demand for pizza went up to 212.00 slices. How much profit did the restaurant earn today? Submit Answer format: Currency: Round to: O decimal places. #19 A Restaurant is open only for 25 days in a month. Expenses for the restaurant include raw material for each sandwich at $5.00 per slice, $1,236.00 as monthly rental and $317.00 monthly as insurance. They consider the cost of lost sales as $4.00 per item. They are able to sell any leftover sandwiches for $3. They prepares 200.00 sandwiches and sells them at a rate of $13.00/sandwich. Today there was a party at nearby office so the demand for sandwiches rose to 223.00. How much profit did the restaurant earn today? Submit Answer format: Currency: Round to: 0 decimal places
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