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AUID:5322702 Bobby's Bistro, a 24 hour, 7 days per week operation, specializes in a Super Deal Meal selling for a price in dollars and cents
AUID:5322702
Bobby's Bistro, a 24 hour, 7 days per week operation, specializes in a Super Deal Meal selling for a price in dollars and cents equal to twice the first two digits, af your Auro use 7 as the third digit. Variable costs per meal are equal to the finh through seventh digits of your AuD expressed in dollars and cernts. NOTE- If the tift digit of your AUiD = 0 , then use 8 as the fith digit: Bobbys operating capacity in terms of daily meals delvered is equal to 25% of the third through sixth dipts of your AuiD rounded to the nearest unit. Again, if the third digit of your AUID =0, then use 7 as the third digit Dally delivery of meals averages 906 of capacity to the nearest meal Given Bobby's location and building size, customers generally have to wait only 5 to 10 minutes to be sosted. Required. NOTE in the space below, respond to either a,b,c,e,f or a,b,d,e,f depending on your response to part b. a. What is the average cost per meal delvered by Bobby's Bistro? Show your work and round your answer to the nearest cent. b. Is Bobby's operation profitable that is, are sales greater than breakevery? Respond yes or no and show your work as to the operating income or inss. Your calculations should be to the nearest doliar: Found your answer to the nearest percent. If your response to item b is no, lprofe this cuestion and proceed to d. d. If your response to item b is no, what would Blobbys unit contribution margin have to bo to break even at the current lievel of meals serveo? show your work and tound your answer to the nearest cent. e. Suppose a buslood with a troop of 30 scouts stops at Bobby's on its way home from a field trip to a nearby national forest. The leader offers to tring in the troop if all en be tented t meat for in totat of \$195, Should Bobby accept or reject the offer? Respond "accept" of "reject" and show yout work to the nearest dolsor. f. Suppose the operator of the nearby national forest offered Bobby's a one-year contract to serve 150 of the national forest employees one meal per day at a price of $6.00 per meal. Does Bobbys have the capacty to meet the terms of the contract (do not consider the proposed price of the meal for this part? Respond "Yes" or "no" and show your work Step by Step Solution
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