Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

P2. Not in the book - Using the data in the table below calculate the missing information. Total sales is projected to be $1,175,000 Compute

P2. Not in the book - Using the data in the table below calculate the missing information. Total sales is projected to be $1,175,000

Compute the number of guests and the check average per meal.

Compute the toatl number of guets and the total average check

Seats Turn Days Weeks Total Days Guests Sales % Sales $ Average Check
Breakfast 90 2 6 52 30%
Lunch 90 1.75 6 52 40%
Dinner 90 1.1 5 50 30%
Total

Number of Guests Formula:

Average Check Formula

100%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Estimating

Authors: Rodney D. Stewart

2nd Edition

0471857076, 978-0471857075

More Books

Students also viewed these Accounting questions