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Q1 Q2 Q3 Q4 Customers 22,500 27,900 36,000 31,060 Revenue $165,375 $205,065 $264,600 $228,291 Food cost 102,375 126,945 163,800 141,323 Advertising 5,000 5,000 5,000 5,000

Q1 Q2 Q3 Q4

Customers 22,500 27,900 36,000 31,060

Revenue $165,375 $205,065 $264,600 $228,291

Food cost 102,375 126,945 163,800 141,323

Advertising 5,000 5,000 5,000 5,000

Rent 33,875 37,925 44,000 40,295

Net Income $24,125 $35,195 $51,800 $41,673

  1. Compute the average variable cost per person. Show equation

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