A restaurant prepares 200 pizza slices and sells them at a rate of $10/slice. Expenses...

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Accounting

A restaurant prepares 200 pizza slices and sells them at a rate of $10/slice. Expenses for the restaurant include raw material for pizza at $5 per slice, $100 as monthly rental and $50 monthly as insurance. Restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 250 slices. Due to lack of availability vendor could not fulfill the demand and analyzed a lost sale as 3$ per item. How much profit could the restaurant earn today? Question options: 1) $800 2) $670 3) $844 4) $544

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