Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A restaurant prepares 200.00 pizza sices and sells thern at a rate of $13,00/slice. Expenses for the restaurant include raw material for pizza at $6.00

image text in transcribed

A restaurant prepares 200.00 pizza sices and sells thern at a rate of $13,00/slice. Expenses for the restaurant include raw material for pizza at $6.00 per slice, $124.00 for monthly rental and monthly Insurance of $33.00. Lost sale are taken as $6.00 per unhappy customer. Leftover pizza can be sold for $2.00. The restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 225.00 slices. How much profit could the restaurant earn today? Submit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Human Resource Function Audit

Authors: Peter Reilly, Marie Strebler, Polly Kettley

1st Edition

0955970776, 978-0955970771

More Books

Students also viewed these Accounting questions

Question

Does it use a maximum of two typefaces or fonts?

Answered: 1 week ago