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What is the seat turnover breakeven of the restaurant

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Question - A restaurant has 80 seats. Revenue for 1 year: 700,000 USD (31 285 menus sold). The restaurant is opened everyday of the year excepted the Monday. The variable expenses on each menu is 20% of the price. The total fixed costs of the restaurant are 350 000 USD.

Required -

1. What is the seat turnover?

2. What is the net margin per menu?

3. What is the seat turnover breakeven of the restaurant?

Reference no: EM133088046

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