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A restaurant has fixed costs of $80,000 per month. The variable cost per meal served is $8, and the selling price per meal is $20.
- A restaurant has fixed costs of $80,000 per month. The variable cost per meal served is $8, and the selling price per meal is $20. Determine the monthly break-even point in meals and revenue.
Analyze the sensitivity of the break-even point to changes in fixed costs, variable costs, and selling price.
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
130565353X, 978-1305887510, 1305887514, 978-1305653535
