1. A food service operation has the following average monthly figures to show cost-volume-profit: Revenue $111,000.00 Fixed...
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Question:
1. A food service operation has the following average monthly figures to show cost-volume-profit:
Revenue $111,000.00 Fixed Costs $40,000.00 Variable Costs $29,970.00 Avg Cheque $20.80
Do not enter dollar signs or commas in the input boxes.
Round all answers to 2 decimal places.
a. Calculate the break even level of revenue
Break even level of revenue: $Answer
b. If revenue is $99,000 how much would the profit be?
Profit: $Answer
2. Find the break even level of revenue if a food service operation has the following:
Variable cost (food) 22% Variable cost (labour) 36% Variable cost (other) 6% Fixed Costs $37,000
Break even level of revenue: $Answer
Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 772
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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