1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Effectus [21]
3 years ago
10

A Restaurant is open only for 25 days in a month. Expenses for the restaurant include raw material for each sandwich at $4.00 pe

r slice, $1,234.00 as monthly rental and $225.00 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 $15.00/sandwich. Today there was a party at nearby office so the demand for sandwiches rose to 228.00. How much profit did the restaurant earn today?
Business
1 answer:
Montano1993 [528]3 years ago
4 0

Answer:

   profit for the day           $ 2,001.64

Explanation:

We should subtract from the revenue of the 200 sandwhich prepared and sold the variable cost to made the sandwhihc the loss for the lost sales and the proportional fixed cost considered are allocated among the 25 days which the restaurant is open.

200 x $15 dollars =             $ 3,000

28 x $5 loss sales:              $   (140)

variable cost: 200 x $4       $  (800)

proportional fixed cost:

(1,234 + 225) / 25 =          <u>   $ (58.36)     </u>

     profit for the day           $ 2,001.64

You might be interested in
Bruce enjoys working one on one with individuals who are struggling to cope with a situation. He has great interpersonal skills
Anon25 [30]

Your answer would be mental health counselor.

Hope it helps!

5 0
3 years ago
Read 2 more answers
Corinne works in procurement for a major electronics company. One of her challenges is ensuring that raw metals, such as tungste
kvv77 [185]

Corinne is very excited because she works with a new company that uses due diligence to track these precious metals from mine to manufacturer to ensure they are not "conflict metals. ".

<h3>What is Due Diligence?</h3>

This refers to the conscious steps which a person takes in order to ensure that he is not committing an offense or taking a good background check.

Hence, we can see that because of Corinne's work with a major electronics company, she is charged with doing due diligence on the raw materials to ensure that they are not "conflict metals. ".

Read more about due diligence here:
brainly.com/question/26383473

8 0
2 years ago
the economy was in long-run equilibrium when aggregate demand increased. at this point in time, the expected inflation has start
artcher [175]

The eco-nomy was in long-run equilibrium when aggre-gate demand increased. At this point in time, the expec-ted inflation has start-ed to adjust to the new high-er actual inflation rate. Accor-ding to the (Friedman) natural rate the-ory, this means the unemploy-ment rate in the economy must curr-ently be <u><em>below the natu-ral rate</em></u>.

Milton Friedman defi-ned the natural rate of unemploy-ment as the level of unemployment that result-ed from real economic forces, the long-run level of whi-ch could not be altered by monet-ary policy. Accor-ding to the general equili-brium model of economics, natural unemploy-ment is equal to the level of unemploy-ment of a labor mark-et at perfect equilibrium.

To know more about Friedman click below:

brainly.com/question/6803976

#SPJ4

3 0
1 year ago
Suppose a company is financed with $20 million of equity and $60 million of debt. That is, the company obtained $20 million from
alexgriva [62]

Answer:

Existing Equity = 20 million

Existing debt = 60 million

Total capital = 20 million + 60 million = 80 million

a. Given company issued 30 million of equity to retire debt

Equity after raise = $20 million + $30 million = $50 million

Debt = $60 million - $30 million = $30 million

Total capital size remain at $80 million

Capital structure, Equity = $50 million/$80 million = 0.625 = 62.50%

Debt = (1-0.625) = 0.375 = 37.50%

b. The market would welcome the new issue as the risk of  the firm would be reduced.

6 0
3 years ago
Why do you think that we should study crime and criminals? What information might we gain by doing so?
Paraphin [41]

We may understand criminal behavior and thus be able to prevent crime.

4 0
3 years ago
Other questions:
  • What can be concluded if the number of movie tickets sold increases by 10 percent when the price is cut by 20 percent, other thi
    7·1 answer
  • When a company controls all three phases of the film-industry production, distribution, and exhibition it is said to be:?
    11·1 answer
  • Ted Catering received $1,180 cash in advance from a customer for catering services to be provided in three months. Determine the
    14·1 answer
  • New Body, a gym, bought new exercise equipment on credit. The purchase price was $10,438.88. They secure the loan with a financi
    9·1 answer
  • Deal Leasing leased equipment to Hand Company on January 1, 2021. The leased equipment's book value is $420,000 with no estimate
    14·1 answer
  • Nov. 5 Purchased 850 units of product at a cost of $10 per unit. Terms of the sale are 3/10, n/60; the invoice is dated November
    5·1 answer
  • Would johnny sins still be famous if he was a girl? (WILL GIVE BRAINLIEST)
    8·2 answers
  • Bach Co. had an inventory balance of $15,250 on January 1, purchased $34,000 during the accounting period, and the cost of goods
    9·1 answer
  • Delaney Inc. has several transactions with foreign entities. Each transaction is denominated in the local currency unit of the c
    11·1 answer
  • Described below are certain transactions of Sunland Company for 2021: 1. On May 10, the company purchased goods from Fox Company
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!