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E 5) Ali ve Aysun okgezer Decided to open Thailand Restaurant in stanbul. They noticed restaurant for lease. The restaurant has seven tables, each
E 5) Ali ve Aysun okgezer Decided to open Thailand Restaurant in stanbul. They noticed restaurant for lease. The restaurant has seven tables, each of which seat four. Tables can be moved together for a large party. Cokgezers are planning two seatings per evening, and, the resturant will be open. 50 weeks per year. okgezers have drawn up the following estimates: Average revenue, including beverages and desert........ 40 TL/meal Average Cost of the Food Chef's and dish washers Salaries... Rent (Premises and equipment)... Cleaning (linen and Premises 12TL/meal .50.400 TL/year 4.000 TL/month Replacement of dishes,cutlery and glasses................... Utilities, advertising, telephone REQUIRED: 800 TL/month 300 TL/month 1.900 TL/month 1) Caltculate annual breakeven (Tatget profit zero) meal by "contribution margin aprroach" and Calculate Sales revenue in break even point. 2) Calculate the Sales Revenue needed to earn operating income of 75.600 TL for the year. 3) How many meals must okgezer Restaurant serve each night to earn their target income of 75.600 TL? 4)Should the couple open the restaurant?
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