Question

1. Bob's Burgers recently renovated its stores. They bought three new fryers which costed $1500 each, two new grills that costed $3000 each, new tiling that costed $12,000 to install, and new lighting fixtures costing $500. They also spent $100,000 in local advertising to promote the store. They sell meals at an average cost of $8.50 while unit costs per meal are about $1.45. (Remember to add up your costs carefully). a. Calculate the number of meals they need to sell to breakeven. Please show your calculations TTT Arial 3 (12pt) •T -E E 5.0 25 SEK Path:p Words:0

Answer 1

и ел. 2 bo I ((x) host of 3 fryers .= 3 (1500) 28 4500 (en) cost a grills - 213000) - & bowo 1er) cost of killing = $ 12,000 (C) Cost of lighting = $500 (CA) lost on Advertising = $100000 (P) Price of a meel = $8.50 (al cost of a meal = $1.45 a is the duantity sold. At breeken Profit a fixed wst (P-C) a= Cat Catly tq+CA (8.5-1.45) Uz 4500+6000 of 12000 + 500+ 100000 (7005/0= 123000 [a= 123000 = 17446.8085 1 : 7.05