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Queen restaurant has two branches in Wollongong that are open 24 hours a day. Fixed costs for the two restaurants together total $430 500 per
Queen restaurant has two branches in Wollongong that are open 24 hours a day. Fixed costs for the two restaurants together total $430 500 per year. Service varies from a cup of coffee to full meals. The average sale per customer is $8.75. The average cost of food and other variable costs for each customer is $3.50. Expected net profit before tax is $168,000.
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