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Q1: after calculating the contribution margins (15.01) ,Serena had a better understanding of the menu's profitability. currently she is paying for a monthly fixed of
Q1: after calculating the contribution margins (15.01) ,Serena had a better understanding of the menu's profitability. currently she is paying for a monthly fixed of 46,000 and targeting at a monthly profit of 15,450 next month.
a.what are the sales (items sold) she needs to generate this month?
Q2: after evaluating the prospective sales, Serena is confident to renovate the restaurant and enlarge the dining area which accomodates 18 seats. Assuming the resturant operates 360 days per year
a. what is the required daily seat turnover?
b. how much does the annual revenue need to reach to generate the desired profit?
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