Question
Imagine that Happy Restaurant only has two products that generate the total revenue for the entire operation. Imagine that T-bone steak has generated revenue of
Imagine that Happy Restaurant only has two products that generate the total revenue for the entire operation. Imagine that T-bone steak has generated revenue of $220,000 and VC of $88,000. Tuna fillet has revenue of $180,000 and VC of $70,000. Happy Restaurant has an FC of $140,000 for the entire operation. Based on the information given, what should be the Happy Restaurants total revenue if the management wants to reach at $150,000 profit level from the sales of these two menu items?
Group of answer choices
$389,118 total revenue
$471,597 total revenue
$388,492 total revenue
$479,339 total revenue
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