question

PARTB 9 mars A popular restaurant has provided the following budget for the coming year: Sales $284 000 Variable costs 199 690 Contribution margin 184320 Fixed costs 144.000 Profit $40 320 Required Calculate the sales revenue required to break even iiCalculate the sales revenue required to make a preto profit of 8% of sales What sales revenue is required to make a profit of $21000 after tax? Taxis paid at 30% of pre-tax profits Space for workings: i The restaurant plans to sell special promotional eco-friendly coffee mugs with the name of the restaurant printed on them. A local graphic artist would charge $400 for the art work and each mug would cost $3.00 to produce The restaurant estimates that 200 people a week come to the restaurant and about 40% would buy an eco-mug Requirect 1 What seling price is needed on the eco-mugs in order to break-even in the first week? ii. If the eco-mugs were sold for $5.50 each how many mugs would need to be sold to break even? Space for workings