How did they get 49343? The manager of a dessert cafe wants to determine the necessary volume of sales dollars next month to break-even. There are three sales categories: desserts, liquor, coffee. The following table gives estimates of the cost per unit, the selling price per unit, and the percentage revenue for each category.| Category | Cost per Unit | Selling Price/Unit | Percentage Revenue ||----------|---------------|--------------------|--------------------|| Desserts | $3.3 | $3.8 | 18 || Liquor | $3.6 | $6.8 | 51 || Coffee | $0.8 | $3.7 | 31 |The fixed cost for running the cafe (that is, rent, utilities, etc.) is **$25000 per month.****What is the profit margin for Liquor?**- Calculated value: **0.47** ✓- Instruction: Specify as a number with two decimal digits by rounding.**What is the break-even point in dollars per month?**- Calculated estimate: **49,351**- Corrected estimate: **49,343** ✗- Instruction: Specify as a whole number by rounding.

There are three categories of goods - Desserts , Liquor & Coffee Following are production and…

The manager of a dessert cafe wants to determine the necessary volume of sales dollars next month to break-even. There are three sales categories: desserts, liquor, coffee. The following table gives estimates the cost the selling price per unit, and the percentage revenue for each category. Category Desserts Liquor Coffee Cost per/Unit $3.3 $3.6 $0.8 Selling Price/Unit Percentage Revenue $3.8 $6.8 $3.7 18 51 31 The fixed cost for running the cafe (that is, rent, utilities, etc.) is $25000 per month. What is the profit margin for Liquor? 0.47 What is the break-even point in dollars per month? 0.47 Specify as a number with two decimal digits by rounding.

The manager of a dessert cafe wants to determine the necessary volume of sales dollars next month to break-even. There are three sales categories: desserts, liquor, coffee. The following table gives estimates the cost the selling price per unit, and the percentage revenue for each category. Category Desserts Liquor Coffee Cost per/Unit $3.3 $3.6 $0.8 Selling Price/Unit Percentage Revenue $3.8 $6.8 $3.7 18 51 31 The fixed cost for running the cafe (that is, rent, utilities, etc.) is $25000 per month. What is the profit margin for Liquor? 0.47 What is the break-even point in dollars per month? 0.47 Specify as a number with two decimal digits by rounding.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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