Question
Marjen Thin Inc. owns a restaurant, Piazza Pizza, selling exclusively pizzas. Each month, the financial controller tallies the restaurant's fixed and variable costs to better
Marjen Thin Inc. owns a restaurant, Piazza Pizza, selling exclusively pizzas. Each month, the financial controller tallies the restaurant's fixed and variable costs to better understand the cost to make each pizza. For the previous month, the controller computed a total of $16,822 in fixed operating costs. Management also reports that service staff worked 1,428 hours at an average rate of $15.70/hour and total purchases for food ingredients was $7,558. If the restaurant sold 7,200 pizzas, what cost per pizza would Piazza Pizza report for the month?
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