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I need help solving requirements 1, 2 and 3. Question is below! CoursHeroTranscribedText: The Express...

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Accounting

I need help solving requirements 1, 2 and 3. Question is below!

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CoursHeroTranscribedText: The Express Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $456,000 per year. Service varies from a cup of coee to full meals. The average sales check per customer is $9.50. The average cost of food and other variable costs tor each customer is $3.80. The income tax rate is 30%. Target net income is $159,600. Requirements 1. Compute the revenues needed to earn the target net income. 2. How many customers are needed to break even? To eam net income of $159,600? 3. Compute net income if the number of customers is 170.000

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