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Problem 1 XYZ Restaurant, only sells pepperoni pizzas. The restaurant incurs the following expenses: Each pizza sells for $10.00/each. Fixed Costs per month Variable Costs

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Problem 1 XYZ Restaurant, only sells pepperoni pizzas. The restaurant incurs the following expenses: Each pizza sells for $10.00/each. Fixed Costs per month Variable Costs per pizza General 1,500 Flour 0.50 Labor Rent 3,000 Cheese 3.00 Utilities 450 Peppero 2.00 ni I Please submit your answers to the following questions: 1. What is the contribution margin? 2. How many pizzas must the restaurant sell in order to break even every month? 3. If XYZ Restaurant wants to make a desired profit of $6,300/month, how many pizzas do they need to sell

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