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 3546 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?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Stuffed Jackalope in restaurant near Death Valley Stuffed Jackalope in restaurant near Death Valley
Average national IQs according to IQ and Global Inequality Average national IQs according to IQ and Global Inequality
The transition from college to first job can be a triggering situation for new growth in meaning ... The transition from college to first job can be a triggering situation for new growth in meaning ...
Variable Gases: Ozone Variable Gases: Ozone
How to find the average value of a function How to find the average value of a function
Warning signs like this one are often posted when local waters Warning signs like this one are often posted when local waters
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library