Question
A restaurant sells pizza at a rate of $10/slice. Expenses for the restaurant include raw material for pizza at $5 per slice, $100 as monthly
A restaurant sells pizza at a rate of $10/slice. Expenses for the restaurant include raw material for pizza at $5 per slice, $100 as monthly rental and $50 monthly as insurance. How many slices should the restaurant sell in a month to break even? Question options: 1) 10 2) 30 3) 50 4) 25
A vendor sells hotdogs at $15 /piece. For every hot dog he spends $12 in the raw material. Additionally, he spends $1 for packing each hotdog and monthly $50, $20, $10 as food truck rent, electricity and other expenses respectively. How much is the vendor contributing to covering his fixed costs or generating profits?
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