Expenses for a Pizza restaurant include raw material for pizza at $5.00 per slice, $120.00...
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Expenses for a Pizza restaurant include raw material for pizza at $5.00 per slice, $120.00 as monthly rental and $47.00 monthly as insurance. Lost sale expense is considered to be $6.00 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 $11.00/slice. There was a party at a nearby office so the demand for pizza went up to 211.00 slices. How much profit did the restaurant earn today?
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