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Question 1 (3 points) A local restaurateur, Cho Senn, is considering three options for his new Asian fusion restaurant. Option A - called Midtown
Question 1 (3 points) A local restaurateur, Cho Senn, is considering three options for his new Asian fusion restaurant. Option A - called Midtown - will have annual fixed costs of 40,000 and variable costs of 3.25 per customer. Option B - called Market - will have annual fixed costs of 32,000 and variable costs of 3.75 per customer. Finally Option C- called Mall has annual fixed cost of 21,000 and variable costs of 5.10 per - customer. If Mr. Cho averages 9.00 in revenue per customer, what volume is required to breakeven with Option B? Your Answer: Answer
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