A restaurant has a check average of $12 and has variable costs per guest of $4.80. If its fixed costs are $36,000 for the month, thenumber of guests that must visit to reach the monthly break-even point is:3,750 guests1,500 guests4,500 guests5,000 guests

Answer : Break even point = Fixed cost / Contribution margin per unit Contribution margin per unit =…

Answered: visit to reach the mont

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5EB: Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90....

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