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Compute the annual breakeven number of meals and sales revenue for the restaurant. Steve and Linda Hom live in Bartlesville, Oklahoma. Two years ago, Thailand.

Compute the annual breakeven number of meals and sales revenue for the restaurant. image text in transcribed
Steve and Linda Hom live in Bartlesville, Oklahoma. Two years ago, Thailand. Linda, a professional chef, was impressed with 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 matre d'. The restaurant would serve dinner Tuesday through Saturday. they visited cooking methods and the 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 planning on using each table twice each evening, and the restaurant will be open 50 weeks per year The Homs have drawn up the following estimates: Average revenue, including beverages and desserts Average cost of food Chef's and dishwasher's salaries Rent (premises, equipment) Cleaning (linen, premises) Replacement of dishes, cutlery, glasses Utilities, advertising, telephone 45 per meal 15 per meal 5,100 per month 4,000 per month 800 per month 300 per month 2,300 per month

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