Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A restaurant sells pizza for $12.08/slice. Expenses for the restaurant include raw material for pizza at $7.08 per slice, $145.00 as monthly rental and $57.00

A restaurant sells pizza for $12.08/slice. Expenses for the restaurant include raw material for pizza at $7.08 per slice, $145.00 as monthly rental and $57.00 as monthly insuranceHow many slices should the restaurant sell a month to break even? Don't round to whole slices. (2dp) If 283.00 units are made and demand is 277.00. You can sell leftovers for $2.30 per unit. Your expense for each unsatisfied customer is $2.25. Your fixed expenses are $1257.00 . Your variable cost per unit is $1.28. Your Sales price is $7.23. The contribution margin is? (2dp)

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

More Books

Students also viewed these Mathematics questions