The Blue Ridge Caf's budget for next year indicates the following $765,000 Revenues Total fixed costs...
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The Blue Ridge Café's budget for next year indicates the following $765,000 Revenues Total fixed costs Total variable costs Total Costs $ 91,000 $512,000 $603,000 $162,000 Net income before tax Revenue estimates assume 89,470 guests will be served. a. What is the guest check average? h What are the variable costs per guests? e How many guests must be served for the Blue Ridge Café to break even? , Jế the owner needed a net income of at least $114,000, how many guests would need to be served? . How many more guests are needed to generate a net income of $114,000 than are needed to break even? . Jt the Blue Ridge Café decides to close during two months that traditionally generate slow business, it will lose about 18,000 guests. If the owner chooses to do this, what will be the new net income or loss? is considering a kitchen renovation that will add $7,500 in new fixed 8. The costs (depreciation and interest) each year. How much will the café's net income (loss) be if it does this during the first year that it closes for two months? (See Question F above.) manager h. The Blue Ridge Café closes for two months (Question F), incurs the additional fixed costs (Question G), and is the "victim" of a problem in the economy that results in a 14-percent increase in variable costs. How many additional guests are needed for it to maintain its net income level (Question G)? The Blue Ridge Café's budget for next year indicates the following $765,000 Revenues Total fixed costs Total variable costs Total Costs $ 91,000 $512,000 $603,000 $162,000 Net income before tax Revenue estimates assume 89,470 guests will be served. a. What is the guest check average? h What are the variable costs per guests? e How many guests must be served for the Blue Ridge Café to break even? , Jế the owner needed a net income of at least $114,000, how many guests would need to be served? . How many more guests are needed to generate a net income of $114,000 than are needed to break even? . Jt the Blue Ridge Café decides to close during two months that traditionally generate slow business, it will lose about 18,000 guests. If the owner chooses to do this, what will be the new net income or loss? is considering a kitchen renovation that will add $7,500 in new fixed 8. The costs (depreciation and interest) each year. How much will the café's net income (loss) be if it does this during the first year that it closes for two months? (See Question F above.) manager h. The Blue Ridge Café closes for two months (Question F), incurs the additional fixed costs (Question G), and is the "victim" of a problem in the economy that results in a 14-percent increase in variable costs. How many additional guests are needed for it to maintain its net income level (Question G)?
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Related Book For
Principles of Taxation for Business and Investment Planning 2016 Edition
ISBN: 9781259549250
19th edition
Authors: Sally Jones, Shelley Rhoades Catanach
Posted Date:
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