"the owner of a small restaurant that sells take-out fried chicken and biscuits pays $2,500 in rent each month, $500 in utilities, $750 interest on his loan, insurance premium of $200, and advertising on local bus $250 a month. a small bucket of take-out chicken, the only menu item, is priced at $9.50. unit variable costs for the bucket of chicken are $5.50. at what level of sales of dollars of revenue will the restaurant break-even
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Category: business |
Author: Selma Yafa
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