SOLUTION: A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for each meal served. If a typical meal costs $7, how many customers must eat at the restaurant ea
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-> SOLUTION: A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for each meal served. If a typical meal costs $7, how many customers must eat at the restaurant ea
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Question 1163764: A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for each meal served. If a typical meal costs $7, how many customers must eat at the restaurant each day for the owner to break even? Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! The restaurant gets a profit of $1.25 per meal, each of which needs to be applied to the fixed cost
147.50/1.25=118 meals
I assume one customer eats 1 meal, so that would be 118 customers.
