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A restaurant has fixed costs of $110,000 and variable costs…
A restaurant has fixed costs of $110,000 and variable costs of 66% of the check average. The check average is $. Write a linear equation that describes the revenue, R, the restaurant receives from each customer x, then write a linear equation that describes the cost, C, in terms of the number of customers, x. Use your cost and revenue equations to create a profit equation P and determine how many customers are required to break even. Give you answer rounded up to the whole customer.
A restaurant has fixed costs of $110,000 and variable costs…
Questions
A restаurаnt hаs fixed cоsts оf $110,000 and variable cоsts of 66% of the check average. The check average is $[a]. Write a linear equation that describes the revenue, R, the restaurant receives from each customer x, then write a linear equation that describes the cost, C, in terms of the number of customers, x. Use your cost and revenue equations to create a profit equation P and determine how many customers are required to break even. Give you answer rounded up to the whole customer.
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