Based on the tables above, answer these questions:

1- What is the budgeted revenue?

A- $1,190,615.40

B- $1,662,500.00

C- $1,738,143.75

D- $1,570,750.36

2- What is State College Steak House's contribution margin for the budgeted year?

A- $535,776.93

B- $404,809.24

C- $1,140,615.40

D- $235,747.70

3- what is the contribution margin percent?

A- 45.0%

B- 21.1%

C- 30.2%

D- 25.7%

4- What is State College Steak House's Breakeven Revenue for next year?

A- $111,111.11

B- $249,017.73

C- $43,804.56

D- $50,000.00

5- If Emrie knows that there will be a $10,000 increase in fixed costs next year, what will be your Breakeven Sales Dollars to compensate for this increase?

A- $133,333.33

B- $234,223.45

C- $43,804.56

D- $125,982.75

6- The owners of the State College Steak House told Emrie that her target profit for next year is $225,000.00. Assuming that there is NO increase in her fixed costs, what does she need to achieve in revenue to make this profit amount?

A- $611,111.11

B- $111,111.11

C- $225,000

D- $833,333.33

Utilize the two tables below to answer the following six questions. Covers Average Sold Check Revenues Forecasted Forecasted Increase in Budgeted % Increase Average Revenue Cover Sold Check This This Year This Year Year 58,400 $19.50 $1,138,800.00 2.50% 2.00% Expenses Nature % of Revenues This Year Expenses Budgeted $ Expenses Labor Costs Variable 32.00% $364,416.00 Other Costs Variable 23.00% $261,924.00 Other Expenses Fixed $50,000.00