Rochester Street Taco Shop (RSTS) sells a variety of tacos to go all at a price of
Question:
Rochester Street Taco Shop (RSTS) sells a variety of tacos to go all at a price of $4.50 each. The variable cost of an RSTS taco averages $2.40. RSTS incurs monthly fixed costs of $7,350. RSTS is subject to a 20 percent tax rate.
Required
Using the Goal Seek function in Microsoft Excel, how many tacos must RSTS sell to earn a monthly operating profit after taxes of $6,720?
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