Question
BREAK EVEN ANALYSIS PROBLEM: NEW ENGLAND SEAFOOD RESTAURANT HAS FIXED COSTS OF? FIXED COSTS ARE: RENT $25,000 INSURANCE 5,000 UTILITIES 10,000 COMMUNICATION 5,000 DEPRECIATION 10,000
BREAK EVEN ANALYSIS PROBLEM:
NEW ENGLAND SEAFOOD RESTAURANT HAS FIXED COSTS OF?
FIXED COSTS ARE:
RENT $25,000
INSURANCE 5,000
UTILITIES 10,000
COMMUNICATION 5,000
DEPRECIATION 10,000
TAXES 5,000
CORE LABOR 15,000
REPAIRS AND MAINTENANCE 5,000
COST OF FOOD 12,000
COST OF WINE 4,000
LINEN EXPENSE 2,000
SALES PRICE IS DETERMINED BY WHAT THE RESTAURANT WANTS TO MARK UP THE BASIC COST OF PREPARING THE ITEM.
50% OF ALL SALES PER MONTH ARE CHAR GRILLED PORTERHOUSE STEAKS THAT SELL FOR $20.00 A LA CARTE. THE STEAKS HAVE A COST OF $10.OO EACH. WHAT IS THE FOOD COST % FOR MARK UP? 10.00 DIVIDED BY .50= $20.00
25% OF ALL SALES ARE WHOLE BAKED LOBSTER THAT SELL FOR $32.00 PER A LA CARTE THAT HAVE A COST OF $16.00. 50% MARK UP AS WELL.
25% OF ALL SALES ARE STEAMED ALASKAN CRAB LEGS THAT ARE SOLD FOR $38.00 PER ORDER THAT COST $18.00. DIVIDED BY .48= 38.00
ALL STEAKS ARE SOLD WITH A JUMBO BAKED POTATO WITH ALL CONDIMENTS FOR $2.00 ADDITIONAL THAT HAS A FOOD COST OF $1.00
ALL LOBSTER AND CRAB ORDERS HAVE RICE PILAF WITH SAUTED WILD MUSHROOMS AT $3.00 PER ORDER THAT HAVE A FOOD COST OF $1.00
ALL COME WITH A GLASS OF WINE SOLD FOR $3.00 PER GLASS THAT HAS A COST OF 1.00.
HOW MANY ORDERS OF LOBSTER HAVE TO BE SOLD___________________
HOW MANY ORDERS OF STEAK_____________________________________
HOW MANY ORDERS OF CRAB LEGS____________________________________________
HOW MANY BAKED POTATOES_____________________________________
HOW MANY ORDERS OF RICE PILAF ____________________________________
HOW MANY GLASSES OF WINE__________________________
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