Carlita plans to establish
a second restaurant, open
five days a week, 50 weeks a
year. Here are her costs:
• Rent: $7,200/month
• The average customer pays
$45.47
• Carlita’s average food cost
per customer: $20.18
• Insurance: $4,200/year
• Carlita hires 2 servers for
8 hours/day and a part-time
helper for 4 hours/day.
She pays $15 per hour
and pays employer Social
Security tax (6.2% of gross
pay) and Medicare tax
(1.45% of gross pay).
Judy
Favorite Answer
You forgot to say what YOU got for an answer, so we can tell you if it's right. You also forgot to say what the question is. If you think someone is going to do your homework for you, you're dreaming.
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What does this have to do with personal finance?
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What exactly are we supposed to solve.
There’s a lot of info that’s missing.
Are we supposed to find out if she’s making a profit. Can’t solve unless we know how many customers she averages.
danxp2
What is the question being asked? Here all we have is a list of costs and income per customer, what are you trying to figure out with this information? How many customers do they need to break even?