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Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $124.00 as monthly rental and $50.00 monthly as insurance. Lost sale
Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $124.00 as monthly rental and $50.00 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 $14.00/slice. There was a party at a nearby office so the demand for pizza went up to 223.00 slices. How much profit did the restaurant earn today?
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