How does increase the price of each burger

Reference no: EM131763938

Question: Hamburger Bob company is a hamburger concession business operating at 5 stores. it sells burgers, with all the fixings for $7.5 each. Variable costs are $5.5 per burger, and fixed operating costs are $800,000 per year.

Assume that Hamburger Bob is currently operating at break-even sales and cannot increase the number of burgers sold, how much they should increase the price of each burger in order to achieve a target net income of $100,000.

Reference no: EM131763938

Questions Cloud

What impact does a bargain purchase option have : What impact does a bargain purchase option have on the present value of the minimum lease payments computed by the lessee?

Compute net operating profit after tax : Compute net operating profit after tax (NOPAT) for 2005, assuming a federal and state statutory tax rate

Discuss outsourcing of personnel services in recruitment : Discuss recruitment resource trends and identify those that are the most successful and why.

Does the narrative of your conspiracy theory follow : Analyze your conspiracy theory in terms of its similarities to mythological structures such as the ones listed above or any others you may find in your research

How does increase the price of each burger : Assume that Hamburger Bob is currently operating at break-even sales and cannot increase the number of burgers sold, how much they should increase the price.

Control in the behavioral or the manipulative sense : Traditionally, theorists suggest that the managerial function of controlling should not be confused with control in the behavioral or the manipulative sense.

Prepare a paper on big data and mobile collaboration : Prepare a paper on Big Data and Mobile Collaboration - how big data help bank so that they provide services as expected by customers and how this real-time

Execution as part of project integration management : Discuss what is involved in directing and managing project execution as part of project integration management,

Carry your intermediate computations : Carry your intermediate computations to at least four decimal places. Report your result to at least three decimal places.

User Account

All Pages