A Restaurant is open only for 25 days in a month. Expenses for the restaurant...
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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, $1,130.00 as monthly rental and $452.00 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 $11.00/sandwich. Today there was a party at nearby office so the demand for sandwiches rose to 224.00. How much profit did the restaurant earn today?
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