'Miriam's Munchies' prepares lunches for sale each day,6 days a week,from Miriam's lunch bar.
The variable costs to make each lunch average $2.50 per lunch.
The average sale price for each lunch is $8.70.
Miriam's weekly fixed costs (advertising,rates,mortgage interest and others)total $310 per week.
a What is Miriam's average contribution margin per lunch?
b Calculate the average number of lunches Miriam must make and sell each week to break even.
c Miriam has a target profit of $2,400 per week.How many lunches must she sell on average each week to achieve this goal?

Question

Quizplus · Accepted Answer

The Answer of 'Miriam's Munchies' prepares lunches for sale each day,6 days a week,from Miriam's lunch bar.
The variable costs to make each lunch average $2.50 per lunch.
The average sale price for each lunch is $8.70.
Miriam's weekly fixed costs (advertising,rates,mortgage interest and others)total $310 per week.
a What is Miriam's average contribution margin per lunch?
b Calculate the average number of lunches Miriam must make and sell each week to break even.
c Miriam has a target profit of $2,400 per week.How many lunches must she sell on average each week to achieve this goal?

'Miriam's Munchies' Prepares Lunches for Sale Each Day,6 Days a Week,from