Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 38 (1 point) A restaurant prepares 185 sandwiches and sells them at a rate of $11.6/sandwich. Expenses for the restaurant include raw material for

image text in transcribed
Question 38 (1 point) A restaurant prepares 185 sandwiches and sells them at a rate of $11.6/sandwich. Expenses for the restaurant include raw material for a sandwich at $7.5 per sandwich, $109.0 as monthly rental and $50 monthly as insurance. Restaurant is open only for 27 days in a month. Today the restaurant could only sell 163 sandwiches . Unsold sandwiches can be sold to a food truck for $4.4/sandwich. Th cost of lost sales is $2.75/sandwich. How much profit could the restaurant earn today? (Answer with 1 decimal places) Your

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance

Authors: Harvey S Rosen, Ted Gayer

9th International Edition

0071267883, 9780071267885

More Books

Students also viewed these Finance questions

Question

The microsoft spreadsheet program is called

Answered: 1 week ago

Question

7. One or other combination of 16.

Answered: 1 week ago

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago