The Owner of a Small Restaurant That Sells Take-Out Fried

question 25

Multiple Choice

The owner of a small restaurant that sells take-out fried chicken and biscuits pays each month $2,500 in rent,$500 in utilities,$750 interest on his loan,insurance premium of $200,and $250 on advertising on local buses.A bucket of take-out chicken is priced at $9.50.Unit variable costs for the bucket of chicken are $5.50.How many small 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

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Definitions:

Strategic Thinking

The process of developing and evaluating every decision and action in terms of the long-term implications and benefits for an organization.

Foundational Work

The initial and crucial work that forms the base for further development or research.

Identify Audience

The process of defining and understanding the specific group of people a message, product, or campaign is aimed at, considering factors like demographics, interests, and behaviors.

Informational Objectives

Objectives focused on creating awareness of a product, company, or issue by sharing information and attributes.