Question 1: The owner of the NC Restaurant estimates that fixed costs for the coming year will be $425,000. Based on his investment in the business, he wants a profit of $210,000 for the year. Experience has shown that average cheque is $15.50 a. If total variable cost is $810,000, what level of dollar sales will be required to earn the target restaurant profit? b. Given total variable and total sales figures calculated in part a, what variable rate is the owner projecting? (Round to 2 decimal places)