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Problem 20-3A (Part Level Submission) The Grand Inn is a restaurant in Flagstaff, Arizona. It specializes in southwestern style meals in a moderate price range. Paul Weld, the manager of Grand, has determined that during the last 2 years the sales mix and contribution margin ratio of its offerings are as follows. Percent of Total Sales Contribution Margin Ratio Appetizers 15 % 60 % Main entrees 50 % 25 % Desserts 10 % 60 % Beverages 25 % 80 % Paul is considering a variety of options to try to improve the profitability of the restaurant. His goal is to generate a target net income of $ 112,000 . The company has fixed costs of $ 1,430,000 per year. Collapse question part (a) Incorrect answer. Your answer is incorrect. Try again. Calculate the total restaurant sales and the sales of each product line that would be necessary to achieve the desired target net income. (Round intermediate calculations to 3 decimal places e.g. 0.251 and final answers to 0 decimal places, e.g. 2,510.) Total restaurant sales $ Entry field with incorrect answer 3212500 Sales from Each Product Appetizers $ Entry field with incorrect answer 481875 Main entrees $ Entry field with incorrect answer 1606250 Desserts $ Entry field with incorrect answer 321250 Beverages $ Entry field with incorrect answer 803125 LINK TO TEXT Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER Expand question part (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (c) The parts of this question must be completed in order. This part will be Beverages $ Entry field with incorrect answer 803125 LINK TO TEXT Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER Expand question part (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (c) The parts of this question must be completed in order. This part will be available when you complete the part above.

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