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A Restaurant is open only for 25 days in a month. Expenses for the restaurant include raw material for each sandwich at $4.00 per
A Restaurant is open only for 25 days in a month. Expenses for the restaurant include raw material for each sandwich at $4.00 per slice, $1,076.00 as monthly rental and $425.00 monthly as insurance. They consider the cost of lost sales as $6.00 per item. They are able to sell any leftover sandwiches for $3. They prepares 200.00 sandwiches and sells them at a rate of $14.00/sandwich. Today there was a party at nearby office so the demand for sandwiches rose to 214.00. How much profit did the restaurant earn today? Submit Answer format: Currency: Round to: 0 decimal places. You run a school in Florida. Fixed monthly cost is $5,154.00 for rent and utilities, $6,235.00 is spent in salaries and $1,753.00 in insurance. Also every student adds up to $99.00 per month in stationary, food etc. You charge $603.00 per month from every student now. You are considering moving the school to another neighborhood where the rent and utilities will increase to $10,675.00, salaries to $6,250.00 and insurance to $2,037.00 per month. Variable cost per student will increase up to $166.00 per month. However you can charge $1,153.00 per student. At what point will you be indifferent between your current mode of operation and the new option? Submit Answer format: Number: Round to: 0 decimal places.
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