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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
A restaurant with an average check of $10 per guest has the following average monthly figures:
Sales revenue |
$500,000 |
Variable costs |
260,000 |
Fixed costs |
160,000 |
a. What is breakeven sales revenue?
b. If actual sales revenue was $440,000, what would the restaurant’s operating income be?
c. If actual sales revenue was $440,000, how many fewer customers per month would be served than at the forecasted sales level of $500,000 (average check remains at $10)?
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