The Glass House Restaurant is open 24 hours per day serving breakfast, lunch and dinner.

Fixed Costs are $42,000 per month. Variable Costs are $11.50 per meal.

The average total bill is $15 per customer. Ignore taxes and tips.

Compute the number of meals that must be served if Glass House Restaurant wishes to earn a profit of $9,000

Compute the Break Even point in Units

Compute the Break Even point in Dollars

Assume that fixed costs increase to $50,000. How many additional meals must be served for the restaurant to earn the same profit?

3. The Glass House Restaurant is open 24 hours per day serving breakfast, lunch and dinner. Fixed Costs are $42,000 per month. Variable Costs are $11.50 per meal. The average total bill is $15 per customer. Ignore taxes and tips. Required: Compute the number of meals that must be served if Glass House Restaurant wishes to earn a profit of $9,000 Compute the Break Even point in Units Compute the Break Even point in Dollars Assume that fixed costs increase to $50,000. How many additional meals must be served for the restaurant to earn the same profit