Paul believes the restaurant could greatly improve its profitability by reducing the complexity and selling price of its entrees to increase the number of clients that it serves. It would hen more heavily market its appetizers and beverages. He is proposing to reduce the contribution margin ratio on the main entrees to 10% by dropping the average selling price. He envisions an expansion of the restaurant that would increase fixed costs by $586,300. At the same time, he is proposing to change the sales mixto the following Appetizers Main entrees Desserts Beverages Percent of Contribution Total Sales Margin Ratio 25 % 60% 25 % 10% 10% 50 % 40% 80 % Compute the total restaurant sales, and the sales of each product line that would be necessary to achieve the desired target net income. (Round intermediate calculations to 3 decima places es. 10.251 and final answers to decimal places, s. 2,510) Total restaurant sales $ dem Fach Product Sales from Each Product Appetizers $ Main entrees $ Desserts $ Beverages $ Suppose that Paul reduces the selling price on entrees and increases foxed costs as proposed in part (b), but customers are not swayed by the marketing efforts and the sales remains what it was in part (a). Compute the total restaurant sales and the sales of each product line that would be necessary to achieve the desired target tincome Round Intermediate calculations to 3 decimal places es. 10.251 and final answers to decimal places, e$ 2.510) Total restaurant sales $ Sales from Each Product Appetizers Main entrees Desserts $ Beverages $ Paul believes the restaurant could greatly improve its profitability by reducing the complexity and selling price of its entrees to increase the number of clients that it serves. It would hen more heavily market its appetizers and beverages. He is proposing to reduce the contribution margin ratio on the main entrees to 10% by dropping the average selling price. He envisions an expansion of the restaurant that would increase fixed costs by $586,300. At the same time, he is proposing to change the sales mixto the following Appetizers Main entrees Desserts Beverages Percent of Contribution Total Sales Margin Ratio 25 % 60% 25 % 10% 10% 50 % 40% 80 % Compute the total restaurant sales, and the sales of each product line that would be necessary to achieve the desired target net income. (Round intermediate calculations to 3 decima places es. 10.251 and final answers to decimal places, s. 2,510) Total restaurant sales $ dem Fach Product Sales from Each Product Appetizers $ Main entrees $ Desserts $ Beverages $ Suppose that Paul reduces the selling price on entrees and increases foxed costs as proposed in part (b), but customers are not swayed by the marketing efforts and the sales remains what it was in part (a). Compute the total restaurant sales and the sales of each product line that would be necessary to achieve the desired target tincome Round Intermediate calculations to 3 decimal places es. 10.251 and final answers to decimal places, e$ 2.510) Total restaurant sales $ Sales from Each Product Appetizers Main entrees Desserts $ Beverages $
