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At a local cafe, the average price per meal sold is $15. The average variable cost is 40% of the price. Fixed costs for May
At a local cafe, the average price per meal sold is $15. The average variable cost is 40% of the price. Fixed costs for May are expected to be $45,000. If the restaurant manager expects to sell 6,000 meals in July. If this projection works out, determine the amount of the taxable income (EBT) of May.
Provide your answer to the nearest dollar ($). Do not put "$" or "," in your answer. Just put the number. Put 100000 if your answer is $100,000.
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