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-/50 Question 3 of 3 View Policies Current Attempt in Progress The Grand Inn is a restaurant in Flagstaff, Arizona. It specializes in southwestern style
-/50 Question 3 of 3 View Policies Current Attempt in Progress The Grand Inn is a restaurant in Flagstaff, Arizona. It specializes in southwestern style meals in a moderate price range, Paul Weld, the manager of Grand, has determined that during the last 2 years the sales mix and contribution margin ratio of its offerings are as follows. Percent of Total Sales Contribution Margin Ratio Appetizers 15 % 70 % Main entrees 50 % 25 26 Desserts 10 % 80 % Beverages 25 % 8096 Paul is considering a variety of options to try to improve the profitability of the restaurant. His goal is to generate a target net income of $116,000. The company has fixed costs of $1,419.100 per year. (a) a Calculate the total restaurant sales and the sales of each product line that would be necessary to achieve the desired target net income. (Round Intermediate calculations to 3 decimal places c.8.0.251 and final answers to decimal places, eg, 2,510.) Total restaurant sales Sales from Each Product -750
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