The Eastman Family Restaurant is open 24 hours per day.Fixed costs are $24,000 per month.Variable costs are estimated at $9.60 per meal.The average revenue is $12 per meal.
Required:
A)Compute the break-even point in meals.
B)Compute the break-even volume in dollars.

Question

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The Answer of The Eastman Family Restaurant is open 24 hours per day.Fixed costs are $24,000 per month.Variable costs are estimated at $9.60 per meal.The average revenue is $12 per meal.
Required:
A)Compute the break-even point in meals.
B)Compute the break-even volume in dollars.

The Eastman Family Restaurant Is Open 24 Hours Per Day