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What is the break-even point in number of guests

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(a) A restaurant has annual fixed costs of $40,000. The average contribution per guest for the restaurant is $150. What is the break-even point in number of guests for this restaurant?

(b) If the owner of the restaurant in (a) above wants to make a profit of $18,000 next year. Using the data in (a), how many number of guests does the restaurant need to reach this profit goal?

Reference no: EM133105292

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