1. Compute the annual breakeven number of meals and sales revenue for the restaurant.2. Compute the number of meals and…

1. Compute the annual breakeven number of meals and sales revenue for the restaurant. 2. Compute the number of meals and the amount of sales revenue needed to earn operating income of $75,600 for the year. Average revenue, include beverages and desserts………………….$ 45 per meal Average cost of food……………………………………………………………….$ 15 per meal Chef’s and dishwasher’s salaries…………………………………………….$ 61,200 per year Rent (premises, equipment)…………………………………………………..$ 4,000 per month Cleaning (linen and premises)………………………………………………..$ 800 per month Replacement of dishes, cutlery, glasses………………………………….$ 300 per month Utilities, advertising, telephone……………………………………………..$ 2,300 per month

1. Compute the annual breakeven number of meals and sales revenue for the restaurant.

2. Compute the number of meals and the amount of sales revenue needed to earn operating income of $75,600 for the year.

Average revenue, include beverages and desserts………………….$ 45 per meal

Average cost of food……………………………………………………………….$ 15 per meal

Chef’s and dishwasher’s salaries…………………………………………….$ 61,200 per year

Rent (premises, equipment)…………………………………………………..$ 4,000 per month

Cleaning (linen and premises)………………………………………………..$ 800 per month

Replacement of dishes, cutlery, glasses………………………………….$ 300 per month

Utilities, advertising, telephone……………………………………………..$ 2,300 per month