Insert Format Tools Table Window Help Draw Insert Closing The Restruant & More Q- Search in Document Design Layout References Mailings Review View 9+ Share SUO E Document2 Q- Search in Document Draw Design Layout References Mailings Review View 15 A- A AS Es. A I U abe X2 x A Styles Styles Pane Arial B 2. Charlie is thinking of spending $3,000 more in year 2008 on advertising (part of marketing expense). Because of his marketing courses, he believes he can design appealing advertisements to be placed in a local newspapers and aimed at the business luncheon trade. He estimates that if the ads are placed, they will bring in 15 more people at lunch each day. The average check for additional lunch guests would be the same as that calculated in #1 above. Use 52-week year and the days open from #1. Assume that the food and beverage total cost of sales percentages will be the same as in Year 2007. (This percentage was calculated in Group Case Study 2). To serve the extra guests, new employee will have to be hired at lunch for four hours. Hourly rate of pay including fringe benefits (free meal while on duty, vacation pay, and so on) will be $5.50an hour. The following variable expense will remain at the same percentage to sales revenue as they were in Year 2007 (See Group Case Study 1).Laundry China and tableware Glassware Other operating expenses All other expenses are assumed to be fixed and are unaffected by the increase volume of business. Prepare calculations to show whether the $3,000 should be spent. Refer to the income statement for the 4C Company Restaurant for Year 2007 sty MacBook Air