This topic contains a solution. Click here to go to the answer
« previous next »
Pages: 1 2  All   Go Down

Author Question: A local college hospitality restaurant has the best meals in town. The average variable cost per ... (Read 3583 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 7, 2019

Question 1

A local restaurant has the best meals in town. The average variable cost per meal is $22.74 and the desserts are $5.24. Only half of the patrons order desserts. The restaurant has fixed operating costs of
$112 714 per month. They sell the meals and desserts for four times their average variable cost per meal. They company wants to make a monthly profit of $75 000. How many meals must they sell?
◦ 2 045
◦ 2 468
◦ 2 236
◦ 2 008
◦ 2 803

Question 2

A local college hospitality restaurant has the best meals in town. The average variable cost per meal is $10.25 and the desserts are $1.25. The restaurant has fixed operating costs of $110 500 per month. They sell the meals and desserts for three times their average variable cost per meal. The college wants to make a monthly profit of $50 000. How many meals must they sell (Round up to nearest whole meal)?
◦ 4805
◦ 9769
◦ 6979
◦ 6500
◦ 8405
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by luminitza on Jun 7, 2019

smrerig

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 7, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


shethansucks

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Nov 6, 2019
Thank u so much! Helped a lot  :)


Karan Verma

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Feb 12, 2020
thank you


Yucelmi Perez

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Jun 21, 2020
thank you


Catherine Trudel

  • Newbie
  • *
  • Posts: 1
Reply #5 on: Nov 9, 2020
thanks


Deng Wanting

  • Newbie
  • *
  • Posts: 1
Reply #6 on: Nov 12, 2020
thank you


Bruiser Moretz

  • Newbie
  • *
  • Posts: 2
Reply #7 on: Nov 20, 2020
s


Ethan Chen

  • Newbie
  • *
  • Posts: 1
Reply #8 on: Feb 1, 2021
Thank you


Mohamed Belkas

  • Newbie
  • *
  • Posts: 1
Reply #9 on: Mar 12, 2021
thank you
Pages: 1 2  All   Go Up
« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

An example of a homeostatically controlled variable: blood levels of glucose in a human. An example of a homeostatically controlled variable: blood levels of glucose in a human.
Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
How a local anesthetic blocks nerve conduction. How a local anesthetic blocks nerve conduction.
Typical Startup Cost Categories Typical Startup Cost Categories
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Body plan of euglena Animation

For a complete list of videos, visit our video library