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Question
The owner of a take-out fried chicken and biscuits restaurant pays each month $2,500 in rent, $500 in utilities, $750 loan interest, $200 insurance premium, and $250 on local bus advertising. A bucket of chicken is priced at $9.50. Variable costs for the bucket are $5.50. How many buckets of chicken does the restaurant need to sell to break-even each month?
A. 442 buckets
B. 764 buckets
C. 1,050 buckets
D. 3,150 buckets
E. 4,200 buckets
Answer
This answer is hidden. It contains 106 characters.
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