Question
The Matteo has a sales mix of 70 percent food and 30 percent beverage and CMR of 0.5 and 0.8 respectively. The annual fixed costs
The Matteo has a sales mix of 70 percent food and 30 percent beverage and CMR of 0.5 and 0.8 respectively. The annual fixed costs of the restaurant are $375,000. What is the breakeven number of guests if Matteo can command a $100 average guest check?
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Managerial accounting
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
1st edition
471467855, 978-0471467854
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