PLEASE FILL OUT THE PINK SQUARES IN THE CHART IN THE PICTURE ACCORDING TO THE INFO AND REQUIREMENTS BELOW:

Steve and Linda Hom live in Bartlesville, Oklahoma. Two years ago, they visited Thailand. Linda, a professional chef, was impressed with the cooking methods and the spices used in Thai food. Bartlesville does not have a Thai restaurant, and the Homs are contemplating opening one. Linda would supervise the cooking, and Steve would leave his current job to be the maitre d$\text{'}.$ The restaurant would serve dinner Tuesday through Saturday,

Steve has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four. Tables can be moved together for a large party. Linda is planning on using each table twice each evening, and the restaurant will be open $50$ weeks per year.

The Homs have drawn up the following estimates:

Average revenue, including beverages and desserts$-$ $$45$ per meal

Average cost of food$-$ $$15$ per meal

Chef's and dishwasher's salaries$-$ $$5,100$ per month

Rent $($premises$,$ equipment$)-$ $$4,000$ per month

Cleaning $($linen$,$ premises$)-$ $$800$ per month

Replacement of dishes, cutlery, glasses$-$ $$300$ per month

Utilities, advertising, telephone$-$ $$2,300$ per month

Requirements

$1.$ Compute the monthly fixed costs, annual fixed costs, and breakeven sales in units as well as in dollars.

$2.$ Compute the unit contribution margin as well as the required sales in units and in dollars in order to earn an operating income of $$75,600$ for the year.

$3.$ Compute the number of operating days as well as the required amount of meals served per night in order to earn their target profit of $$75,600.$

$4.$ What factors should the Homs consider before they make their decision as to whether to open the restaurant?