Question
5. A restaurant sells pizza at a rate of $13.26/slice. Expenses for the restaurant include raw material for pizza at $8.26 per slice, $116.00 as
5. A restaurant sells pizza at a rate of $13.26/slice. Expenses for the restaurant include raw material for pizza at $8.26 per slice, $116.00 as monthly rental and $54.00 monthly as insurance. How many slices should the restaurant sell in a month to break even?
6. For a table manufacturing company, selling price for a table is $200.00 per Unit, Variable cost is $125.00 per Unit, rent is $2,658.00 per month and insurance is $1,108.00 per month. How much is the company contributing to covering their fixed costs or generating profits?
7. For a table manufacturing company, selling price for a table is $19.00 per Unit, Variable cost is $10.00 per Unit, labor charge is $4.00 per Unit, rent is $527.00 per month and transportation is $10 per 10 tables. If 378.00 tables are sold in a month how much revenue company earns for that month?
8. A vendor sells hotdogs at $13.00 /piece. For every hot dog he spends $11.25 in the raw material. Additionally he spends $1.16 for packing each hotdog and monthly $39.00, $21.00, $11.00 as food truck rent, electricity and other expenses respectively. How much is the vendor contributing to covering his fixed costs or generating profits?
10. For a manufacturing company, selling price for an item is $480.00 per Unit, Variable cost is $200.00 per Unit, rent is $6,395.00 per month and insurance is $3000 per month. What is the contribution margin?
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