Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A business makes and sells sweet treats and has the following information: Sales price $25 Cost of ingredients per treat $4 Kitchen staff labour cost

A business makes and sells sweet treats and has the following information:

Sales price $25

Cost of ingredients per treat $4

Kitchen staff labour cost per treat $5

Rent $695

Business insurance $141

Tax rate 30%

Calculate the profit after tax if the business sells 500 treats?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Ch 1-12

Authors: Dansby

5th Edition

0763834955, 978-0763834951

More Books

Students also viewed these Accounting questions