Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Goodies Caf is open for lunch and dinner seven days a week. The restaurant was asked recently to cater a birthday party for 2 6
Goodies Caf is open for lunch and dinner seven days a week. The restaurant was asked recently to cater a birthday party for people at a house in the neighbourhood. Staff would have to prepare the food in the caf kitchen and then transport it offsite to the party. The chef figures that the regular cooks in the kitchen on a Saturday would be able to fit most of the food preparation into their schedule, but they would need at least more cook for the afternoon for hours at $ per hour. The chef maintains a food cost according to the annual budget and additional servers and a supervisor would be needed to serve food at the party. The party is expected to last hours on Saturday night. Servers earn $ per hour and the supervisor earns $ per year. The restaurant would also have to rent a truck for $ to transport the food. If the restaurant does not accept the job, the supervisor will resume normal duties in the caf for Saturday service.Based on a quantitative analysis, should the restaurant accept the birthday party job if the customer can pay only $ per person for food?Do not enter dollar signs or commas in the input boxes.Round all answers to the nearest whole number.Use the negative sign for a net loss.Revenue$AnswerFood Cost$AnswerServers$AnswerCook$AnswerTruck$AnswerTotal Costs$AnswerNet Income Loss$AnswerThe job should be: Answer
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started