Question
1. The cost of grilled chicken at Harmony restaurant is $6.85. This is 38 percent of the menu sales price. What is the present sales
1. The cost of grilled chicken at Harmony restaurant is $6.85. This is 38 percent of the menu sales price. What is the present sales price (rounded to hundredth (.00)? Provide the calculation below:
2. At the Sunshine Hotels restaurant, total fixed costs in May 2022 were $26,422. In that month, 16,228 covers were served. What was the fixed cost per cover for May? (Result rounded to hundredth of decimal .00). Provide the calculation below:
3. Use the information from question (2) above, assume that fixed costs will increase by 2 percent in June 2022 and determine fixed cost per cover if the number of covers decreases by 10 percent in June 2022. (Round all calculations results to hundredth of decimal .00 unless it naturally rounds up to tenth of decimal .0) Provide the calculation below:
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