At the Erminskin Cafe, the average price per meal sold is $20 with an average variable cost of $5. Fixed costs for July are expected to be $40,000. If the restaurant manager expects to sell 10,000 meals in July, the total net income ($) for the month would be? Nikki's Restaurant is famous for a particular ice wine and receives its wine directly from Germany. The restaurant sells 14,400 bottles a year. The cost to place an order to replenish inventory is $5.00 per order and annual inventory holding cost is equal to $0.50 per bottle. The lead time is 4 days and the restaurant is open 360 days a year. What is the reorder point? Product Analysis: Veal Cutlet; Portion size = 12 oz (EP).; Yield = 85% What is the variance in number of orders? Ol (lbs) El (lbs) # Sold Purchases (lbs) 200 Meal Selling Price 100 Veal Purchase Cost (lbs) 110 200 $18.95 $11.00