ent 2 (Breakeven Analysis) John Clark: Attempt 1 Question 1 (3 points) A local restaurateur, Cho Senn, is considering three options for his new Asian fusion restaurant. Option A-called Midtown - will have annual fixed costs of 39,500 and variable costs of 3.40 per customer. Option B - called Market - will have annual fixed costs of 27,500 and variable costs of 3.85 per customer. Finally Option C - called Mall - has annual fixed cost of 19,000 and variable costs of 5.20 per customer. If Mr. Cho averages 9.25 in revenue per customer, what volume is required to breakeven with Option B? Your Answer: Answer : 2. 3 5 6 Question 2 (3 points) A local restaurateur, Cho Senn, is considering three options for his new Asian fusion restaurant. Option A - called Midtown - will have annual fixed costs of 41,000 and variable costs of 3.20 per customer. Option B - called Market - will have annual fixed costs of 32,500 and variable costs of 4.35 per customer. Finally Option C- called Mall - has annual fixed cost of 18,000 and variable costs of 4.95 per customer. If Mr. Cho averages 9.00 in revenue per customer, what volume is required to breakeven with Option C? Your Answer: Answer 6 Question 3 (3 points) A local restaurateur, Cho Senn, is considering three options for his new Asian fusion restaurant. Option A - called Midtown - will have annual fixed costs of $42,500 and variable costs of $3.35 per customer. Option B - called Market - will have annual fixed costs of $31,000 and variable costs of $4.20 per customer. Finally Option C - called Mall - has annual fixed cost of $17.500 and variable costs of $5.10 per customer. At what volumes are the costs of Option B and Option C the same? Your