Question: Instructions: You must use Excel or a similar program. Write titles for the numbers in the file, do calculations and upload the file here. Noah's
Instructions: You must use Excel or a similar program. Write titles for the numbers in the file, do calculations and upload the file here.
Noah's Food Service is adding another catering vehicle to her fleet that she will use for festivals, county fairs, and other events. The new food service truck will cost $130,000 equipped with all the food preparation appliances. His variable costs per meal served will average $7 each. He expects to sell an average of 1,300 meals per week out of the new truck given her current event schedule. The average price per meal Noah charges is $14.
- What is Noah's break-even level of revenue?
- What is Noah's break-even level of unit sales or break-even volume?
- What price would Noah charge for his meals if he wanted a 25% markup?
- What price would Noah charge for his meals if he wanted a 45% markup?
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