Danilo and his wife operate a restaurant where they sell all their meals for $13.00 each. The markup on each meal is $4.50 and overhead expenses are 19.009% of cost. a. How much does it cost them to make each meal? $8.50 Round to the nearest cent b. What is their operating profit per meal? $52.94 (X) Round to the nearest cent c. Calculate the break-even price.

Danilo and his wife operate a restaurant where they sell all their meals for $13.00 each. The markup on each meal is $4.50 and overhead expenses are 19.009% of cost. a. How much does it cost them to make each meal? $8.50 Round to the nearest cent b. What is their operating profit per meal? $52.94 (X) Round to the nearest cent c. Calculate the break-even price.

Mathematics For Machine Technology

8th Edition

ISBN:9781337798310

Author:Peterson, John.

Publisher:Peterson, John.

Chapter24: Percent Practical Applications

Section: Chapter Questions

Problem 40A: A manufacturing company receives $122,000 upon the completion of a job. Total expenses for the job...

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