Question
Your friend offered you to buy his KTV bar in downtown California. Based on historical operations data of 4 major items on the menu, the
Your friend offered you to buy his KTV bar in downtown California.
Based on historical operations data of 4 major items on the menu, the estimated orders for 2024 are shown below:
| Categories | Projected Orders 2024 | Price per Order | Cost Per Order |
| Wine | 10,000 | 2.50 | 1.00 |
| Beer | 30,000 | 1.50 | 0.75 |
| Meals | 10,000 | 10.00 | 5.00 |
| Finger Foods | 20,000 | 6.25 | 3.25 |
The monthly fixed cost is $1,800 with monthly entertainment cost of $2,000.
Calculate the break-even point per month (in $)? What is the expected number of meals each day if the bar is open 30 days/mo?
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Essentials Of Management
Authors: Andrew J DuBrin
10th Edition
0996757872, 9780996757874
