• Your rent and other fixed costs will equal $15,000 each month • You plan to sell a $15 entree and $3.50 drink to every customer • You expect that your variable cost will be equal to 33% for food and 45% for labor when compared to the selling price. • You plan to be open 6 days a week. Using this information, answer the following questions: What is the breakeven equation for answering this type of question? 

Answer rating: 100% (QA)

To calculate the breakeven point you can use the following equation Breakeven Point Fixed Costs Sell... View the full answer