Alfredo's Italian Restaurant is trying to do some planning for the month of June and they need your help. The following information is provided for your analysis: $ 25 per meal Average sales price per meal Costs: Wages of serve staff Food and drinks Advertising Managers and chefs salaries Rent and building use $ 4 per meal $ 6 per meal $5,000 per month $20,000 per month $ 8,000 per month REQUIRED: Determine the following information. Be sure to round up your answers in units since no partial dinners can be sold. 1) What is the contribution margin ratio for each dinner? 25-10=15/25 = 60% 2) How much sales dollars must be brought in in order to break-even? 3300o! 602 2 a 55.000 3) Assuming the restaurant is open 25 days per month, what is the average sales dollars per day to break-even? slow' = 2200 as a 4) How many dinners must be sold in order to earn a profit of $30,000 per month? = 4200 15 2 - DINNERS 5) How many dinners is this per day (assuming 25 days per month)? (200) 168 as 2 - 9) Which of the above plans, if any, should be implemented? O. PLAN A