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Question 5 (2 points) - A local restaurateur, Cho Senn, is considering three options for his new Asian fusion restaurant. Option A-called Midtown will
Question 5 (2 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 42,000 and variable costs of 3.25 per customer. Option B called Market - will have annual fixed costs of 32,000 and variable costs of 4.30 per customer. Finally Option C- called Mall - has annual fixed cost of 21,500 and variable costs of 4.85 per customer. If Mr. Cho averages 8.75 in revenue per customer, what volume is required to breakeven with Option B? Your Answer: Answer
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