The Cantina Restaurant in Reno Nevada has just started a new restaurant in Arizona and has...
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The Cantina Restaurant in Reno Nevada has just started a new restaurant in Arizona and has asked you to analyze their operation. Their latest month shows the following results: Number of meals served: 40,000 Average sales price per meal: $ 9.00 Variable cost per meal: 65.0% Total fixed costs: $ 100,000 Calculate the number of meals needed to break even. Round up to the next highest number. Do not enter commas or text; just the number. Answer: The Cantina Restaurant in Reno Nevada has just started a new restaurant in Arizona and has asked you to analyze their operation. Their latest month shows the following results: Number of meals served: 40,000 Average sales price per meal: $ 9.00 Variable cost per meal: 65.0% Total fixed costs: $ 100,000 Calculate the number of meals needed to break even. Round up to the next highest number. Do not enter commas or text; just the number. Answer:
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