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Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $102.00 as...

Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $102.00 as monthly rental and $35.00 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 $12.00/slice. There was a party at a nearby office so the demand for pizza went up to 216.00 slices. What is the daily fixed costs expense?
* Round to 0 Decimal Places! *

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Answer #1

Daily fixed cost expense = (Rental expense + Insurance expense) / 25 days

= ($102.00 + $35.00) / 25 days

= $137.00 / 25 days

= 5.48

= 5 (roundoff)

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