Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

Exercise 70

Facts:
• 1965: First store opened in Connecticut
• 1974: First store franchised to an individual
• 1995: Supports cancer research
• 2010: Over 31,000 stores in 90 countries
With the help of a family friend, seventeen-year-old Freed DeLuca opened the first SUBWAY store in 1965. DeLuca believed in using only the freshest ingredients and drove many miles each week in his Volkswagen bug to buy fresh produce. Later management decided to "give back" to the community and now supports research related to both heart disease and cancer. The firm differs from many other fast-food firms by offering healthy, fresh foods.
Profit margins are surprisingly small in most businesses, so managers must work very hard to control costs. A primary responsibility of a store manager at SUBWAY is to control costs. Of course, the store manager is also responsible for many issues related to employees, the quality of food and service, and also sales.
Jessica Fernandez is the manager of a SUBWAY store. Help her find the total of an invoice with the following costs: produce, $486.12; meat and cheese, $1236.14; bread dough, $364.76; shipping charges, $103.75