Assignment $03$

Shawkat Kamal $*3$:$58$ PM $($Edited $3$:$59$ PM$)$

$3$ points

Due $6$:$00$ PM

Bob owns a restaurant. The average price per order is $$15$ and the average variable cost per order is $$9.$ The restaurant remains open $6$ days a week and $50$ weeks in a year. The rent, utilities and other related expenses are $$8,000$ per month. Bob pays $$3,000$ per month to his only employee in the restaurant. Bob also spends $$12,000$ every year for renovation and maintenance. If Bob wants to earn a before tax profit of $$8,000$ per month, what should be the daily sales $($in dollars$)$ in the restaurant?

$.$ Class comments