2.1 Lin is helping his father at the Chinese restaurant the family owns. He was told that the most popular item in the restaurant is Orange chicken, which sells for $11.0 and its variable cost is $4.0. The contribution margin ($) of orange chicken is: LATEX Unlimited attempts Submit 2.2 However, Lin's mother mentioned that the most popular item among the students is Kung Po Chicken. The price of one Kung Po Chicken is $12.9. Its contribution margin percentage is 45%. The contribution margin ($) of Kung Po Chicken is: LATEX Unlimited attempts Submit 2.3 Last year, Lin's restaurant's total revenue is $115,000, which is 43% lower that the previous year due to COVID- 19. Last year the restaurant's total variable cost is $30,700 with a total fixed cost of $141,100. Last year's contribution margin PERCENTAGE (e.g. use 60% instead of 0.6) is: % IATEX 2.4 The restaurant is considering changing the signature Singapore Mai Fun to another soup noodles. Lin suggests looking at the variable cost percentage. Lin's mom told him that Singapore Mai Fun sells for $12.9, with a contribution margin of $5.0 The variable cost PERCENTAGE (e.g., use 60% instead of 0.6) is: % LATEX Unlimited attempts Submit 2.5 After running through the menu, Lin has a better picture of the restaurant's operations. He found that the average contribution margin of all items is $6.2, and the average variable cost is $4.5. Lin's dad is considering installing a new vending system in the kitchen. However, this purchase will increase the total fixed cost to $141,100 per year. He needs an estimation of how much revenue the restaurant needs to make to at least break even The revenue needed to breakeven is: LATEX Unlimited attempts Submit