Question: 1 : Expenses for a Pizza restaurant include raw material for pizza at $ 5 . 0 0 per slice, $ 1 1 4 .

1: Expenses for a Pizza restaurant include raw material for pizza at $5.00 per slice, $114.00 as monthly rental and $45.00 monthly as insurance. Lost sale expense is considered to be $4.00 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 $13.00/slice. There was a party at a nearby office so the demand for pizza went up to 221.00 slices. What is the daily fixed costs expense?
2: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, $1,040.00 as monthly rental and $235.00 monthly as insurance. They consider the cost of lost sales as $5.00 per item. They are able to sell any leftover sandwiches for $3. They prepares 200.00 sandwiches and sells them at a rate of $12.00/sandwich.
Today there was a party at nearby office so the demand for sandwiches rose to 210.00. How much profit did the restaurant earn today?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!