The greater the experi 1000 The ved 3:51.00 Requirements como hehe 2. may come 2001 3. Computeren 00 Requirement 1. Computer sed semet income Using the bodo tended to the target of one The Express Banquet has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $405,000 per year. Service vari average cost of food and other variable costs for each customer is $3.60. The income tax rate is 30%. Target net income is $151,200. Requirements 1. Compute the revenues needed to earn the target net income. 2. How many customers are needed to break even? To eam net income of $151,2002 3. Compute net income if the number of customers is 145,000 Requirement 1. Compute the revenues needed to earn the target net income Using the equation method, select the basic formula used to compute the revenues needed to earn the target net income. day. Fixed costs for the two restaurants together total $405,000 per year. Servien varies from a cup of coffee to full meats. The average sales check per customer is $9.00. The 3.60. The income tax rate is 30%. Target set income is 5151,200 me of $151.2007 of income o the revenues needed to earn the target net income