A restaurant sells pizza at a rate of $14.35/slice. Expenses for the restaurant include raw material for pizza at $9.35 per slice, $152.00 as monthly rental and $58.00 monthly as insurance. How many slices should the restaurant sell in a month to break even? Submit
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- A couch sells for $1020. Instead of paying the total amount at the time of purchase, the same couch can be bought by paying $400 down and $60 a month for 12 months. How much is saved by paying the total amount at the time of purchase? AWhat is the monthly break-even point of a restaurant that sells meals at R$60.00 per kilo, with the following costs: R$12.00 of inputs/kg; BRL 7500.00 from employees; 12% commissions; 10% tax on billing; R$ 10,000.00 of rent; R$ 3500.00 for electricity, water and telephone bills.; R$ 1000.00 for laundry; BRL 1500.00 for cleaning. a) 676 KG b) 811 KG c) 821 KG d) 694 KGTony’s is a Pizzeria located near a local university. The restaurant not only sells two types of pizza: Thin Crust and Deep Dish, but also sells Pasta. Information relating to the three products for the next month follows: Thin Crust Deep Dish Pasta Expected sales (units) 1,000 400 200 Sales price $15 $20 $12 Variable cost $6 $8 $5 The company has monthly fixed costs of $10,000 and a tax rate of 20%. required a.>Assuming a consistent sales mix, if the company wishes to earn monthly net income of $25,000, how many units of each product type must be sold? b.>Compute the margin of safety in both dollar and percentage terms.
- Tony’s is a Pizzeria located near a local university. The restaurant not only sells two types of pizza: Thin Crust and Deep Dish, but also sells Pasta. Information relating to the three products for the next month follows: Thin Crust Deep Dish Pasta Expected sales (units) 1,000 400 200 Sales price $15 $20 $12 Variable cost $6 $8 $5 The company has monthly fixed costs of $10,000 and a tax rate of 20%. Required: a. Compute the company’s expected profit (net income) for the upcoming fiscal period. b. Compute the company’s sales mix. (Note Solve the normal way c. Assuming a consistent sales mix, how many units of each product type must the company sell to break even? d.Assuming a consistent sales mix, if the company wishes to earn monthly net income of $25,000, how many units of each product type must be sold? e. Compute the margin of safety in both dollar and percentage terms.25% of the price of a living room furniture is paid with a document with a face value of $4,000 and expiration in 30 days. 30% is settled through a payment within 60 days, another 30% with a document within 90 days of the purchase and the remaining 15% is left as an advance payment. Obtain a) The price of the furniture. b) The advance payment and the other two payments. c) The total interest charge. Assume that the furniture store charges 22.20% annually compounded by months on its credit sales.A retailer owes a wholesaler $700,000 due in 45 days. If the payment is 15 days late, there is a 1% penalty charge. Since the bill isn't due immediately, the retailer can invest the $700,000 in a certificate of deposit and make money on the interest. The retailer has two options: a 45-day certificate of deposit (CD) earning 8% per year simple interest or a 60-day certificate earning 9% per year simple interest. How much interest would the retailer earn? Use 360 days in a year. (Round your answers to the nearest cent.) 45-day certificate $ 60-day certificate $ If the retailer opts for the 60-day certificate of deposit, he will be late on his payment to the wholesaler. How much will the penalty be if he is late on his payment to the wholesaler? $ How much will the retailer make in total if he opts for the 60-day certificate and has to pay the penalty out of the proceeds of the interest earned on the CD? (Round your answer to the nearest cent.) $ Is it better to take the 45-day…