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 11850 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?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Intradermal drug administration: (a) cross section of skin showing depth of needle insertion Source: Intradermal drug administration: (a) cross section of skin showing depth of needle insertion Source:
Chemical structures of ester and amide local anesthetics. Chemical structures of ester and amide local anesthetics.
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
Farmers’ markets provide fresh, local produce to consumers Farmers’ markets provide fresh, local produce to consumers
The temperature of an average lightning bolt is 3.0 x 104 °C. What is the equiva The temperature of an average lightning bolt is 3.0 x 104 °C. What is the equiva
question in cost accounting question in cost accounting
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library