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VICW Policies Current Attempt in Progress The Grand Inn is a restaurant in Flagstatt, Arizona. It specializes in southwestern style meals in a moderate price

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VICW Policies Current Attempt in Progress The Grand Inn is a restaurant in Flagstatt, Arizona. It specializes in southwestern style meals in a moderate price range. Paul Weld, the manager of Grand, has determined that during the last 2 years the sales mix and contribution margin ratio of its offerings are as follows Percent of Total Sales Contribution Margin Ratio 15 % 60% Appetizers Main entrees 50 % 25 % Desserts 10 26 60 % Beverages 25 % B0% Paul is considering a variety of options to try to improve the profitability of the restaurant. His goal is to generate a target net income of $ 110,000. The company has fixed costs of $ 1.210,500 per year. (a) Calculate the total restaurant sales and the sales of each product line that would be necessary to achieve the desired target net income. (Round intermediate calculations to 3 decimal places 28. 0.251 and final answers to decimal places, es. 2,510.) Total restaurant sales $ Sales from Each Product Appetizers $ Main entrees $ Desserts $ 4 Beverages $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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