Fixed cost of restaurant = 21000/month
avg bill = 19/customer
variable cost s= 10.6 per meal
1. how many meals to attain profit of 8400/month
2. what is break even point per month
3 if fixed costs/rent go to 29925/mo and variable costs go to 12.50/meal, af price increase to 23/meal how many meals needed to make 8400/month profit.
1. How many meals to attain profit of 8400/month
no.of Meals to attain profit of 8400/month=(expected profit+fixedcost)/contribution per unit
Solution contains all the details including steps,calculations and formulas to calculate break even point, expected sales to earn required profit.