Question
Expenses for a Pizza restaurant include raw material for pizza at $5.00 per slice, $120.00 as monthly rental and $38.00 monthly as insurance. Lost sale
Expenses for a Pizza restaurant include raw material for pizza at $5.00 per slice, $120.00 as monthly rental and $38.00 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 217.00 slices. What is the daily fixed costs expense?
Submit
Answer format: Currency: Round to: 0 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, $1,117.00 as monthly rental and $285.00 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 $14.00/sandwich. Today there was a party at nearby office so the demand for sandwiches rose to 223.00. 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
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