The Rapid Meal has two restaurants that are open 24 hours a day. Fored costs for the two restaurants together total $450,000 per year. Service varies from a cup of coffee toilets. The average sales check per customer is $9.50. The average cost of food and other variable costs for each customer is 5380. The income tax rate is 30%. Target net income is 5160,000 Requirements 1. Compute the revenues needed to eam the target net income. 2. How many customers are needed to break even? To earn net income of $100.000 3. Compute not come if the number of customers is 130,000 Requirement i Compute the revenue meded to cam the target net income Using the equation method, select the basic formula used to compute the revenues needed to come were income Revenues Fhead coal There income The events needed to eam the target of income is 1.140,000 Requirement 2. How many customers are needed to break even? Tocam net income of $10.00 Determine the formula that is used to compute how many customers are needed to break ever, then coroute the number of customers needed Fedco Contribution mari per customer Customer needed to break even 450,000 5.70 30.000 Determine the formula that is used to compute how many customers are needed to som net income of $150.000, the compute the number of customers readed Total revenues Sales check per customer - Customs needed to earn $150,000 Enter any number in the edit fields and then click Check