Question
Q7 Ebby and Fiza live in Seri Iskandar, Perak. Two years ago they visited Thailand. Fiza a chef was impressed with the cooking meathods and
Q7 Ebby and Fiza live in Seri Iskandar, Perak. Two years ago they visited Thailand. Fiza a chef was impressed with the cooking meathods and the spices used in the thai food. They are contemplating of opening one thai restaurant in seri Iskandar. Fiza would supervise the cooking and ebby would leave his current job to be the restaurant manager. The restaurant would serve dinner 5 nights a week.
Ebby has noticed a restaurant for lease. The restaurant has seven tables each of which can seat four. Tables can be moved altogether for a large pary. Fiza is planning to seatings per evening and the restaurant will be open 50 weeks per year
Ebby and fiza have drawn the following estimates
Average revenue including beverage and dessert | RM 45 PER MEAL |
Average cost of food | RM 15 PER MEAL |
Chef and dishwasher salary | RM 61200 PER YEAR |
Rent(premise,equipment) | RM 4000 PER MONTH |
Cleaning (linen,premises) | RM 800 PER MONTH |
Replacement of dishes,cutlery,glasses | RM 300 PER MONTH |
Utilities,advertising, telephone | RM 2300 PER MONTH |
Q7A Compute the annual breakeven number of meals and sales revenue for the restaurant
Q7B Compute the number of meals and amount of sales revenue needed to earn operating income of RM 75600 PER YEAR
Q7C How many meals must be served each night to earn their targets income of RM 75600?
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