Question: Question 1. ( 6 points) Consider the following data for Brenda's and Cole's - two restaurants: (a) What is the breakeven volume (in annual number

Question 1. ( 6 points) Consider the following data for Brenda's

Question 1. ( 6 points) Consider the following data for Brenda's and Cole's - two restaurants: (a) What is the breakeven volume (in annual number of customers) for Cole's? (b) If the breakeven volume for Brenda's is 24,000 , what is Brenda's variable cost per customer? Question 2. (6 points) Consider the following data for Brenda's and Cole's - two restaurants: (a) What will be Brenda's annual profit (in \$) if it serves 100,000 customers in a year? (3) (b) How many customers must Cole's serve annually to make an annual profit of $500,000

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