A Fish Taco restaurant is just opening. It wants to sell a Grilled Fish Taco platter for $15. The cost of ingredients includes beans, rice, tortilla, fresh fish, cabbage, and a secret sauce. The total cost of these ingredients is $6.50. The restaurant pays monthly rent of $5,000; $500/mos for insurance, and has set aside $2000 for monthly marketing and promotions.

Calculate the following:

QUESTION 1

a. Total Fixed Costs

b. Total Variable Costs

c. Contribution Margin

d. How many Fish Taco platters does it need to sell to breakeven? Show your work.

Calculate the following a forit fand Conts b. Totar Vanable Cogts c Contributon Maron Staw your wock For the toolbar, press. ALT+F10 (PC) or ALT+PA+fio OMac)