Jim owns and operates a pizza franchise that makes and sells made to order deep-dish pizzas, Chicago
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Question:
Jim owns and operates a pizza franchise that makes and sells made to order deep-dish pizzas, Chicago style. The expected selling price is $14 per pizza. The projected variable cost per pizza is $4. The estimated fixed costs per month are $15,000.
If fixed costs increase by $5,000 and 6,000 pizzas are sold in a given month, determine the Net Income for that month?
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
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