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1. A food service operation has the following average monthly figures to show cost-volume-profit: Revenue $111,000.00 Fixed Costs $40,000.00 Variable Costs $29,970.00 Avg Cheque $20.80

1. A food service operation has the following average monthly figures to show cost-volume-profit:

Revenue $111,000.00 Fixed Costs $40,000.00 Variable Costs $29,970.00 Avg Cheque $20.80

Do not enter dollar signs or commas in the input boxes.

Round all answers to 2 decimal places.

a. Calculate the break even level of revenue

Break even level of revenue: $Answer

b. If revenue is $99,000 how much would the profit be?

Profit: $Answer

2. Find the break even level of revenue if a food service operation has the following:

Variable cost (food) 22% Variable cost (labour) 36% Variable cost (other) 6% Fixed Costs $37,000

Break even level of revenue: $Answer

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