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Marks: 2.5 Q2. The following information is from the records of Daphne's Restaurant: Sales S800,000 Variable cost $342,400 Fixed cost $345,600 Assume that sales volume

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Marks: 2.5 Q2. The following information is from the records of Daphne's Restaurant: Sales S800,000 Variable cost $342,400 Fixed cost $345,600 Assume that sales volume equals 40,000 covers: a. Calculate profit b. Calculate average dollar sale. c. Calculate dollar sales required to earn a profit of $125,000, assuming variable rate does not change. Marks: 2.5

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