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 3551 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


KHALSA BUILDERS

  • Newbie
  • *
  • Posts: 2
Reply #10 on: Mar 20, 2021
Thank you


Anju Ankush Sharma

  • Newbie
  • *
  • Posts: 1
Reply #11 on: Mar 20, 2021
Thank you


Shun Tsz

  • Newbie
  • *
  • Posts: 1
Reply #12 on: Mar 2, 2022
Thank You


Hells Hsjsjs

  • Newbie
  • *
  • Posts: 1
Reply #13 on: Apr 6, 2022
Thank you


blowfish (BlowFish)

  • Newbie
  • *
  • Posts: 1
Reply #14 on: Nov 12, 2022
Thank you


Japnit Singh Sawhney

  • Newbie
  • *
  • Posts: 1
Reply #15 on: Nov 17, 2022
Thankyou


Pages: 1 2 All   Go Up
« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Menstrual cycle summary based on a 28-day (average) menstrual cycle. Menstrual cycle summary based on a 28-day (average) menstrual cycle.
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
The Local Group The Local Group
Mechanism of Action of Local Anesthetics Mechanism of Action of Local Anesthetics
With fewer men than women in college, is it time to consider affirmative action for men? With fewer men than women in college, is it time to consider affirmative action for men?
Cost of Going to School Cost of Going to School
Video: Cardiac Cycle (Part 2 of 4)

For a complete list of videos, visit our video library