A newly opened food chain estimates to serve 200 customers a day, with an average consumption or basket size of P150. The establishment operates 25 days a month. Fixed cost for operational expenses at P25,000 a month while labor and material cost is P120 per customer served. Determine if the establishment is profitable, how much is the daily profit? How many customers per day must be served to break-even?
A newly opened food chain estimates to serve 200 customers a day, with an average consumption or basket size of P150. The establishment operates 25 days a month. Fixed cost for operational expenses at P25,000 a month while labor and material cost is P120 per customer served. Determine if the establishment is profitable, how much is the daily profit? How many customers per day must be served to break-even?
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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