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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 $5.00 per slice, $122.00 as monthly rental and $40.00 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 213.00 slices. Due to lack of availability vendor could not fulfill the demand and analyzed a lost sale as $6.00 per item. How much profit could the restaurant earn today?

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Given Noof pa r prepared bt retavraat 200 Selling price f 15| flite Monthly Rental122 No of days open 2S lort tale per item- 6 Proft- Revenve - Cost Revenvez 200メ 3000 Cortred lort Vaiiable lest Vauable lat: 200メr 41000 2 s Proft 2000 1000- 6-48 1993 52 lost sale 6 eu item Total lost sale; 6x13 = 78. Terefore, profit earned today-1993.52-78

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