Determine the formula that is used to compute how many customers are needed to earn net income of

$ $151$ comma $200$$$151,200,$

then compute the number of customers needed.

Express BanquetExpress$$Banquet

has two restaurants that are open $24$ hours a day. Fixed costs for the two restaurants together total

$ $405$ comma $000$$$405,000$

per year. Service varies from a cup of coffee to full meals. The average sales check per customer is

$ $9\mathrm{.}00$$$9\mathrm{.}00.$

The average cost of food and other variable costs for each customer is

$ $3\mathrm{.}60$$$3\mathrm{.}60.$

The income tax rate is

$3030\%.$

Target net income is

$ $151$ comma $200$$$151,200.$

Requirements

$1.$ Compute the revenues needed to earn the target net income.

$2.$ How many customers are needed to break$$ even? To earn net income of

$ $151$ comma $200$$$151,200$