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What is the sales revenue required to breakeven

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A restaurant has fixed costs of $100,000, average check per person is $25, target operating income is $50,000 and the contribution margin is 40%.

Question 1: What is the sales revenue required to breakeven?

Question 2: How many customers do the restaurant need to serve in order to breakeven?

Question 3: If the sales revenue of the restaurant is $300,000, what is the profit?

Reference no: EM132557056

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