Question
1.) A restaurant has to pay rent every month for $12,000, depreciation on equipment for $4,000, salary for $45,000, and other fixed expenses for $40,000.
1.) A restaurant has to pay rent every month for $12,000, depreciation on equipment for $4,000, salary for $45,000, and other fixed expenses for $40,000. Its variable rate is 20%.
What is the needed revenue for next month in order for the restaurant to break even?
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A Guide To Auditing Programmes And Projects
Authors: Andrew Schuster, APM Assurance SIG
1st Edition
191330521X, 978-1913305215
