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X Mbon (161 Capstone Applicx G contribution marx Module 2 Assign X Ilvey Publishing X Ivy Publishing B/products/38U9C155M2R/pages/a1936a87e9596388d5c20dd4fd7c278cbecna 7800-270010171 5?loce 4 Cost-Volume-Profit Analysis $ 4,000

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X Mbon (161 Capstone Applicx G contribution marx Module 2 Assign X Ilvey Publishing X Ivy Publishing B/products/38U9C155M2R/pages/a1936a87e9596388d5c20dd4fd7c278cbecna 7800-270010171 5?loce 4 Cost-Volume-Profit Analysis $ 4,000 Rent (premises equipment). per month $ 800 Cleaning (linen and premises........ per month S 300 Replacement of dishes, cutlery, glasses... per month Utilities, advertising, $ 1,900 telephone... per month Requirement Compute the annual break-even number of meals and sales revenue for the restaurant Also, compute the number of meals and the amount of sales revenue needed to earn operating income of $75,600 for the year. How many meals must the Soons serve each night to earn their target income of $75,600? Should the couple open the restaurant? Support your answer. MacBook Pro 4 Cost-Volume-Profit Analysis Average revenue, including beverages and dessert... $ 40 per meal $ 12 Average cost of the food........... per meal $50,400 Chef's and dishwasher's salaries........... per year $ 4,000 Rent (premises, equipment)...... per month $ 800 Cleaning (linen and premises...... per month $ 300 Replacement of dishes, cutlery, glasses......... per month $ 1,900 Utilities, advertising, telephone........ per month Application Question A4-73 DETERMINE THE FEASIBILITY OF A BUSINESS PLAN (Learning Objective 2) Brian and Nui Soon live in Sudbury. Two years ago, they visited Thailand. Nui, a professional chef, was impressed with the cooking methods and the spices used in the Thai food. Sudbury does not have a Thai restaurant, and the Soons are contemplating opening one. Nui would supervise the cooking and Brian would leave his current job to be the matre d'. The restaurant would serve dinner Tuesday through Saturday. Brian has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four. Tables can be moved together for a large party. Nui is planning two seatings per evening, and the restaurant will be open 50 weeks per year. The Soons have drawn up the following estimates: $ 40 Average revenue, including beverages and dessert...... per meal $ 12 Average cost of the food..... ***** per meal $50,400 Chef's and dishwasher's salaries.......... per year Rent (premises, $ 4,000 MacBook Pro

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