Canv X Inbo> X Pears X Probl X Decis X Probl X G Whic X G geolc X Data X Cour X Cour X + V X C plus.pearson.com/courses/6660857/products/3ccdb791-9a44-40e8-b949-939756270518/pages/urn:pearson:entity:48c03be8-1ecd-430a-bf0d-28f7462896 14?1... Apps Entertainment New... E Untitled document... R Coupon Codes, Pro... f Honey Best Brands - Interb... Reading list End of Chapter: Cost-Volume-Profit Analysis IA n The Homs have drawn up the following estimates: E Average revenue, including beverages and desserts $ 45 per meal Average cost of food 15 per meal Q Chef's and dishwasher's salaries 5, 100 per month Rent (premises, equipment) 4,000 per month Cleaning (linen, premises) 800 per month Replacement of dishes, cutlery, glasses 300 per month Utilities, advertising, telephone 2,300 per month Requirements AA 1. Compute the annual breakeven number of meals and sales revenue for the restaurant. Hide 2. Compute the number of meals and the amount of sales revenue needed to earn operating income of $75.600 for the year. Type here to search one 9 X W 3:02 PM 12/5/2021Canv X Inbo> X Pears X Probl X Decis X Probl X G Whic X G geolc X Data X Cour X Cour X + V X C plus.pearson.com/courses/6660857/products/3ccdb791-9a44-40e8-6949-939756270518/pages/urn:pearson:entity:48c03be8-1ecd-430a-bf0d-28f7462896 14?1... Apps Entertainment New... = Untitled document... R Coupon Codes, Pro... f Honey Best Brands - Interb... Reading list End of Chapter: Cost-Volume-Profit Analysis IA n Kent (premises, equipment) 4,000 per month Cleaning (linen, premises) 800 per month E Replacement of dishes, cutlery, glasses 300 per month Utilities, advertising, telephone 2,300 per month Q Requirements 1. Compute the annual breakeven number of meals and sales revenue for the restaurant. 2. Compute the number of meals and the amount of sales revenue needed to earn operating income of $75,600 for the year. 3. How many meals must the Homs serve each night to earn their target profit of $75,600? AA 4. What factors should the Homs consider before they make their decision as to whether to open the restaurant? Hide Ethical lecue M.1.1 Type here to search w 3:02 PM 12/5/2021Canv X Inbo> X Pears X Probl X Decis X Probl X G Whic X G geolc X Data X Cour X Cour X + V X C plus.pearson.com/courses/6660857/products/3ccdb791-9a44-40e8-b949-939756270518/pages/urn:pearson:entity:48c03be8-1ecd-430a-bf0d-28f746289614?1... Apps Entertainment New... Untitled document... R Coupon Codes, Pro... f Honey Best Brands - Interb... Reading list End of Chapter: Cost-Volume-Profit Analysis IA n M4-70 E Decision Case M:4-1 Steve and Linda Hom live in Bartlesville, Oklahoma. Two years ago, they visited Thailand. Linda, a professional chef, was impressed with the cooking Q methods and the spices used in Thai food. Bartlesville does not have a Thai restaurant, and the Homs are contemplating opening one. Linda would supervise the cooking, and Steve would leave his current job to be the maitre d'. The restaurant would serve dinner Tuesday through Saturday. Steve has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four. Tables can be moved together for a large party. Linda is AA planning on using each table twice each evening, and the restaurant will be open 50 weeks per year. Hide The Homs have drawn up the following estimates: Type here to search O X W 3:02 PM 12/5/2021