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 3548 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?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Killer Whale - Size comparison to an average human. Killer Whale - Size comparison to an average human.
These adolescents have just graduated and look forward to moving on from high school and adolesence These adolescents have just graduated and look forward to moving on from high school and adolesence
In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through
Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
Cost Savings with an EHR System Cost Savings with an EHR System
Variable penetrance of mitochondrial mutations Variable penetrance of mitochondrial mutations
Video: Hershey Chase Experiments

For a complete list of videos, visit our video library