Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a restaurant has a check average of $12 and variab

A restaurant has a check average of $12 and variable costs per guest of $4.80....

90.2K

Verified Solution

Question

Accounting

A restaurant has a check average of $12 and variable costs per guest of $4.80. If its fixed costs are $38,500 each month, what is the sales revenue required to reach its monthly break-even point?

Group of answer choices

$59,167

$60,834

$64,167

$63,334

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

7 Evaluate the following using only your knowledge of fractions exponents laws and other methods...

Basic Math
Q

(22 pts) Find the experimental probability of rolling each sum. Fill out the following table: Sum of...

Basic Math
Q

How did black children experience enslavement? How were their lives and work different on a small...

Biology
Q

a) A machined steel has the following properties: Sut= 400 MPa, Sy= 350 MPa, and S’e=...

Mechanical Engineering
Q

63 A particle accelerates from rest at a constant rate for some time and attains...

Physics
Q

For this assignment imagine that you would like to compare the efficacy of two drugs...

Statistics
Q

7 10 Find all solutions in 0 2 Suppose sin a sin 2x 7 10...

Calculus
Q

Differentiate the function f x sin 8 In x Step 1 Recall the Chain Rule...

Calculus
Q

Sketch one cycle of the sine curve Assume a 0 Write an equation for the...

Algebra
Q

Step 1 of 2 Identify the general shape of the graph of this function nswer...

Algebra
Q

I began the normal journal entries but was unable to finish the last two. I...

Accounting
Q

Today the spot exchange rate is equal to 2$/ and next year it can either...

Finance