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What is the number of meals required to break-even

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Question - Break-Even Analysis - Big Gerson's Sizzlin' Grill and Bar Big Gerson's is known as "The Happy Place" for diners who value quantity over quality due to their amazing one price all you can eat menu. The Leviathan Corporation which owns the Big Gerson's chain of diners are looking at the financial performance of an average restaurant which shows the following:

Selling Price $25.00

Cost of Goods Sold (per unit) $7.50

Variable Marketing Costs 10% of sales

Total Fixed Costs $1,200,000

Required - What is the number of meals (unit sales volume) required to break-even?

Reference no: EM132796449

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