Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A restaurant prepares 200.00 pizza slices and sells them at a rate of $10.00/slice. Expenses for the restaurant include raw material for pizza at $5.00

image text in transcribed
image text in transcribed
A restaurant prepares 200.00 pizza slices and sells them at a rate of $10.00/slice. Expenses for the restaurant include raw material for pizza at $5.00 per slice, $101.00 for monthly rental and monthly insurance of $27.00. 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 mont Today there was a party at nearby office so the demand for pizza went up to 222.00 slices How much profit could the restaurant earn today? Submit Answer format: Currency: Round to: O decimal places. 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, $1,154,00 as monthly rental and $262.00 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 221.00. How much profit did the restaurant earn today? Submit Answer format: Currency: Round to: 0 decimal places

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

Raising Venture Capital

Authors: Rupert Pearce, Simon Barnes

1st Edition

0470027576, 978-0470027578

More Books

Students also viewed these Finance questions