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Matso Honda is the owner of a fine Sushi Restaurant in Yorkville. His menu has been rated in the top ten in Toronto for the

Matso Honda is the owner of a fine Sushi Restaurant in Yorkville. His menu has been rated in the top ten in Toronto for the past five years.

Below is data from the operation of his restaurant for the current six months:

Price per meal$ 60.00per meal
Breakeven sales in dollars$ 240,000
Total fixed expenses$ 80,000

What is the variable expense per meal?

$60

$20

$45

$40

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