6. The Glass House Restaurant is open 24 hours per day serving breakfast, lunch and dinner.
Fixed Costs are $42,000 per month. Variable Costs are $11.50 per meal.
The average total bill is $15 per customer. Ignore taxes and tips.
Required:
Compute the number of meals that must be served if Glass House Restaurant
wishes to earn a profit of $9,000
Compute the Break Even point in Units
Compute the Break Even point in Sales Dollars
Assume that fixed costs increase to $50,000. How many additional meals
must be served for the restaurant to earn the same profit?