=+4-22 KK CVP analysis, income taxes OBJECTIVES 1, 2, 3 The Fast Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $450000 per year. Service varies from a cup of coffee to full meals. The average sales per customer is $8.00. The average cost of food and other variable costs for each customer is $3.20. The income tax rate is 30%. Target net profit after tax is $105000.

Required 1 Calculate the revenues needed to earn the target net profit after tax.