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Please only do the contributoon margin income statement: c. A restaurant with an average cheque of $1000 per guest has the following average quarterly figures.
Please only do the contributoon margin income statement: c. A restaurant with an average cheque of $1000 per guest has the following average quarterly figures. Required: i. Calculate the breakeven sales revenue and sales units ii. If Actual Sales revenue were $5000000, what would the restaurant operating Income be? How many guests would this require? iii. What sale revenue must be achieved to provide $1900000 Net Income after tax in the upcoming quarter, assuming a tax rate of 40% ? Prepare a contribution margin income statement to confirm the
Please only do the contributoon margin income statement:
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