Claudia wants to perform a break-even analysis onher very busy casual-dining operation. She hasobtained the following operating results from lastmonth's income statement and POS system salesrecords:Guests served:Sales:Variable costs:Fixed costs:Total costs:Profit:25,000$210,000$75,000$110,000$185,000$25,000 Chapter 08 Assignment Template:Given the information provided, please answer the following questions:1. What is her average sale per guest?8.42. What is her variable cost percentage?35.7%3. What is her fixed cost percentage?52%4. What is her contribution margin (CM) percentage?5. What is her break-even point in sales?6. What is her break-even point in customers?

Break even point :— It is the point of production where total cost is equal to total revenue. At…

Chapter 08 Assignment Template: Given the information provided, please answer the following questions: 1. What is her average sale per guest? 8.4 2. What is her variable cost percentage? 35.7% 3. What is her fixed cost percentage? 52% 4. What is her contribution margin (CM) percentage? 5. What is her break-even point in sales? 6. What is her break-even point in customers?

Chapter 08 Assignment Template: Given the information provided, please answer the following questions: 1. What is her average sale per guest? 8.4 2. What is her variable cost percentage? 35.7% 3. What is her fixed cost percentage? 52% 4. What is her contribution margin (CM) percentage? 5. What is her break-even point in sales? 6. What is her break-even point in customers?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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