Question
In: Finance
Business analysis Expenses for a Pizza restaurant include raw material for pizza at $6.00 per slice,...
Business analysis
Expenses for a Pizza restaurant include raw material for pizza at $6.00 per slice, $102.00 as monthly rental and $42.00 monthly as insurance. Lost sale expense is considered to be $5.00 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 $14.00/slice. There was a party at a nearby office so the demand for pizza went up to 221.00 slices. How much profit did the restaurant earn today?
Solutions
jeff jeffy answered 1 year agoRelated Solutions
Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $103.00 as...
Expenses for a Pizza restaurant include raw material for pizza
at $4.00 per slice, $103.00 as monthly rental and $23.00 monthly as
insurance. Lost sale expense is considered to be $5.00 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 222.00 slices.
What...
1. Tom owns a Pizza Restaurant. Expenses for the restaurant include raw material for pizza at...
1. Tom owns a Pizza Restaurant. Expenses for the restaurant
include raw material for pizza at $6.43 per slice, $142.00 as
monthly rental and $51.00 monthly as insurance. A restaurant sells
pizza at a rate of $11.43/slice. How many slices should the
restaurant sell in a month to break even?
2. You run a nail salon. Fixed monthly cost is $5,595.00 for
rent and utilities, $5,643.00 is spent in salaries and $1,487.00 in
insurance. Also every customer requires approximately $2.00...
A restaurant prepares 200.00 pizza slices and sells them at a rate of $10.00/slice. Expenses for...
A restaurant prepares 200.00 pizza slices and sells them at a
rate of $10.00/slice. Expenses for the restaurant include raw
material for pizza at $4.00 per slice, $122.00 as monthly rental
and $44.00 monthly as insurance. Restaurant is open only for 25
days in a month. Today there was a party at nearby office so the
demand for pizza went up to 227.00 slices. Due to lack of
availability vendor could not fulfill the demand and analyzed a
lost sale...
A restaurant prepares 200.00 pizza slices and sells them at a rate of $15.00/slice. Expenses for...
A restaurant prepares 200.00 pizza slices and sells them at a
rate of $15.00/slice. Expenses for the restaurant include raw
material for pizza at $6.00 per slice, $124.00 for monthly rental
and monthly insurance of $20.00. Lost sale are taken as $5.00 per
unhappy customer. Leftover pizza can be sold for $2.00. The
restaurant is open only for 25 days in a month. Today there was a
party at nearby office so the demand for pizza went up to 224.00...
A Restaurant is open only for 25 days in a month. Expenses for the restaurant include...
A Restaurant is open only for 25 days in a month. Expenses for
the restaurant include raw material for each sandwich at $6.00 per
slice, $1,004.00 as monthly rental and $470.00 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...
A Restaurant is open only for 25 days in a month. Expenses for the restaurant include...
A Restaurant is open only for 25 days in a month.
Expenses for the restaurant include raw material for each
sandwich at $6.00 per slice, $1,004.00 as monthly rental and
$470.00 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...
A Restaurant is open only for 25 days in a month. Expenses for the restaurant include...
A Restaurant is open only for 25 days in a month.
Expenses for the restaurant include raw material for each
sandwich at $5.00 per slice, $1,209.00 as monthly rental and
$210.00 monthly as insurance. They consider the cost of lost sales
as $6.00 per item. They are able to sell any leftover sandwiches
for $3. They prepares 200.00 sandwiches and sells them at a rate of
$13.00/sandwich.
Today there was a party at nearby office so the demand for
sandwiches...
Answer the following questions. Assume that the price of pizza is $1 per slice and the price of a large Pepsi is $2.
7. Use the following table to answer the questions below.
Quantity
Consumed
Total
Utility
Total Utility
(per week)
of
Pizza
of Pepsi
0
0
0
1
242
668
2
552
1200
3
792
1632
4
996
2016
5
1176
2316
6
1344
2556
7
1506
2712
8
1626
2736
9
1728
2664
10
1818
2448
Answer the following questions. Assume that the price of pizza
is $1 per slice and the price of a large Pepsi is $2.
Calculate the...
Sales $ 652,000 Direct labor cost $ 86,000 Raw material purchases $ 136,000 Selling expenses $...
Sales
$
652,000
Direct labor cost
$
86,000
Raw material purchases
$
136,000
Selling expenses
$
101,000
Administrative expenses
$
44,000
Manufacturing overhead applied to work in process
$
208,000
Actual manufacturing overhead costs
$
222,000
Inventories
Beginning
Ending
Raw materials
$
8,700
$
10,200
Work in process
$
5,800
$
20,900
Finished goods
$
74,000
$
25,800
1. Prepare a schedule of cost of goods manufactured. Assume all
raw materials used in production were direct materials.
2. Prepare a...
what is the profit-maximizing level of output and how much profit will this producer earn if the price of pizza is $0.50 per slice?
For the pizza seller whose marginal, average variable, and average total cost curves are shown in the graph below, what is the profit-maximizing level of output and how much profit will this producer earn if the price of pizza is $0.50 per slice? Instructions: In the graph below, label all three curves by double-clicking on the ?? to select the appropriate label.When the price is S0.50 per slice, the profit-maximizing level of output is _______ slices per day.At the profit-maximizing level of output,...
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