Answered step by step
Verified Expert Solution
Question
1 Approved Answer
business analysis show work please You run a nail salon. Fixed monthly cost is $5,296,00 for rent and utilities, $6,348.00 is spent in salaries and
business analysis
You run a nail salon. Fixed monthly cost is $5,296,00 for rent and utilities, $6,348.00 is spent in salaries and $1,503.00 in insurance. Also every customer requires approximately $5.00 in supples. You charge $103.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,253,00, salaries to $6,909,00 and insurance to $2,333.00 per month. Cost of supplies will increase to $8.00 per service. However you can now charge $144.00 per service. At what point will you be indifferent between your current location and the new location? Answer format: Number: Round to: 2 decimal places: 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, $1,041.00 as monthly rental and $267,00 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 230.00. How much profit did the restaurant earn today? Answer format: Gurroncy: found to: 0 decimal places. Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $104.00 as monthly rental and $36.00 monthly as insurance. Lost sale expense is considered to be $6.00 per unhappy customer. Leftover Pizza can be sold for $3. The restaurant is open 25 days in a month. Today the restaurant prepared 200.00 pizza slices and sells them for $10.00/ slice. There was a party at a nearby office so the demand for pizza went up to 230.00 slices. What is the daily fixed costs expense show work please
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started