Penelopy's Place currently accepts dinner reservations up to 8:00 p.m. each night. Recently, there have been requests
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Question:
Penelopy's Place currently accepts dinner reservations up to 8:00 p.m. each night. Recently, there have been requests for dinner reservations as late as 9:00 p.m.
Given the following information, calculate the needed revenue for the restaurant to break even if they should stay open the additional hour.
Additional fixed costs to remain open one extra hour :$180
Contribution rate: 0.56
$289.60
$321.43
Related Book For
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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