Question
Penelopy's Place currently accepts dinner reservations up to 8:00 p.m. each night. Recently, there have been requests for dinner reservations as late as 9:00 p.m.
Penelopy's Place currently accepts dinner reservations up to 8:00 p.m. each night. Recently, there have been requests for dinner reservations as late as 9:00 p.m.
Given the following information, calculate the needed revenue for the restaurant to break even if they should stay open the additional hour.
Additional fixed costs to remain open one extra hour :$180
Contribution rate: 0.56
$289.60
$321.43
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Auditing An International Approach
Authors: Wally J. Smieliauskas, Kathryn Bewley
6th edition
978-0070968295, 9781259087462, 978-0071051415
