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The restaurant is call Andrea Lucas. The owners want an after-tax profit of $80,000 from a restaurant that's usually open about 260 days a year.
The restaurant is call Andrea Lucas. The owners want an after-tax profit of $80,000 from a restaurant that's usually open about 260 days a year. Last year the restaurant was able to serve 50 guests per day with an average guest check of $30. fixed cost are $390,000 annually. And the tax rate is 17.5%
What is the revenue that the restaurant generated last year?
Assuming all conditions remain the same (the restaurant generates the same revenue, the same fixed costs, etc.) to achieve the owner's goal what is the unit contribution margin??
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