Question
3. Using the information, answer the questions. lAverage check: $25 l# of seats: 200 lAnnual fixed costs: $4,000,000 lAverage variable cost per check: $5 (a)
3. Using the information, answer the questions.
lAverage check: $25
l# of seats: 200
lAnnual fixed costs: $4,000,000
lAverage variable cost per check: $5
(a) How many covers have to be sold in order to breakeven for the year?
Answer:
(b) What is the revenue at the breakeven point?
Answer:
(c) What revenue is needed at the $100,000 profit level?
Answer:
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Business Communication Essentials
Authors: Courtland Bovee
4th Canadian Edition
0133508706, 978-0133508703
