Paragraph Styles 3. In 2022, Vancouver Heights Restaurant achieved only $23,000 in profit because it struggled to gain and retain a sufficient number of customers. The fixed costs in this period were $65,000 and the 2 variable rate was .3. Please find out what were the annual sales in this restaurant in 2022. Round the calculations to two decimal places (.XX) unless it naturally rounds up to one decimal place or a whole number. Provide a full calculation. 4. Rocky Point Catering sells lunch boxes for $16.40 per box. The variable rate in this business is 4. The annual fixed expenses are $22,500. Please answer the following two questions (each question is worth .5; round all results to two (.XX) decimal places unless they naturally round up to one decimal place or a whole number; provide full calculations): 4.1. How much in sales this company needs to generate annually to make profit of $45,000 ? 4.2. How many boxes the company needs to sell annually to achieve the same profit as in question 1 ? Note: for the number of boxes to be sold, you will use the same formula as for the number of customers for profit mentioned in Lesson 3. 5. The budgeted number of customers in August 2023 at Blue Water Caf is $$,650. The average sale per customer will be $17.30. The contribution rate will be .6. The pre-tax profit is forecasted to be $20,000. What are the budgeted fixed costs? Provide a full calculation. Hint: the solution is in this formula: Sales in dollars = Fixed costs + profit/Contribution rate. Enter all the known numbers in this formula, then use the rules of rearrangement, bringing the fixed costs (unknown number) to one side and everything known to the other side. The first rearrangement will look like this: Sd (sales in dollars) CR=FC+P l