Question
A restaurant with an average check of $10 per guest has the following average monthly figures: Sales revenue $500,000 Variable costs 260,000 Fixed costs 160,000
A restaurant with an average check of $10 per guest has the following average monthly figures:
Sales revenue $500,000
Variable costs 260,000
Fixed costs 160,000
a. What is breakeven sales revenue?
b. If actual sales revenue was $440,000, what would the restaurants operating income be?
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Financial Accounting For MBAs
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
4th Edition
9781934319345
