#15Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $119.00 as monthly rental and $41.00monthly 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 officeso the demand for pizza went up to 223.00 slices. How much profit did the restaurant earn today?SubmitAnswer format: Currency: Round to: 0 decimal places.

Step 1: Information givenRaw Material Cost per Slice: $4.00Selling Price per Slice: $11.00Rental…

Answered: #15 Expenses for a Pizza restaurant…

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter3: Your Role As A Consumer

Section3.3: Consumerism

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