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Assignment 5 (Break even chart) Cutie Pinky manages a restaurant that specialises in African cuisine. She is interested in determining the sales revenue and number
Assignment 5 (Break even chart) Cutie Pinky manages a restaurant that specialises in African cuisine. She is interested in determining the sales revenue and number of covers needed to break even and to generate her desired profits. The following chart shows the sales revenue and costs together with the number of covers sold. Breakeven chart 700 600 500 Cost/Revenue (GHS) 400 300 !!! 200 100 0 0 20 40 60 80 100 160 120 140 Number of covers Required a) From the above breakeven chart: Identify: i) the line marked A ii) the line marked B iii) the line marked C State: i) the breakeven point in number of covers ii) the breakeven point sales value b) Calculate the following i) Average price per cover ii) Variable cost per cover iii) Contribution per cover iv) Profit that would be earned from of 120 covers V) Sales units required to make a profit of GHS100
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