Clockwork is a fast casual restaurant with a modern US cuisine who competes against high-end fast...
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Clockwork is a fast casual restaurant with a modern US cuisine who competes against high-end fast food restaurants and other fast casual restaurants. Clockwork rotates between a breakfast, lunch, and dinner menu. The restaurant has 15,000 transactions per month of which 50% are for dinner and 20% for breakfast. The average check (customer spend) for breakfast/lunch/dinner are $13.25/$15.25/$34.75. The COGS for producing the 3 different daypart meals are $6.15/$9.25/$20.50. The restaurant has a total fixed cost of $20,000 per month. In their annual income statement they split the fixed cost between the dayparts based on the daypart's share of transactions. Clockwork ran a special 15% off Breakfast Promotion last month. The breakfast transactions were up by 40% and the campaign cost Clockwork $10,000. What is the difference in operating profit % between the 15% Breakfast Promotion month a regular month? Clockwork is a fast casual restaurant with a modern US cuisine who competes against high-end fast food restaurants and other fast casual restaurants. Clockwork rotates between a breakfast, lunch, and dinner menu. The restaurant has 15,000 transactions per month of which 50% are for dinner and 20% for breakfast. The average check (customer spend) for breakfast/lunch/dinner are $13.25/$15.25/$34.75. The COGS for producing the 3 different daypart meals are $6.15/$9.25/$20.50. The restaurant has a total fixed cost of $20,000 per month. In their annual income statement they split the fixed cost between the dayparts based on the daypart's share of transactions. Clockwork ran a special 15% off Breakfast Promotion last month. The breakfast transactions were up by 40% and the campaign cost Clockwork $10,000. What is the difference in operating profit % between the 15% Breakfast Promotion month a regular month?
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