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How many meals must be sold to provide operating income

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Reference no: EM132071624

Question - A college's food operation has an average meal price of $2.00. Variable costs are $1.25 per meal and fixed costs total $25,000. How many meals must be sold to provide operating income of $12,500?

Given the facts in the previous question, how many meals would have to be sold if variable costs increased 20% and fixed costs declined by 20%? Same operating income requirement stands.

Reference no: EM132071624

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How many meals must be sold to provide operating income : A college's food operation has an average meal price of $2.00. How many meals must be sold to provide operating income of $12,500
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