Question
A restaurant has an average check of $14.96 with an average variable cost of $6.84. The annual fixed costs are $102,000. The required annual after-tax
A restaurant has an average check of $14.96 with an average variable cost of $6.84. The annual fixed costs are $102,000. The required annual after-tax profit is $42,000. The tax rate is 12%.
a.Using cost-volume-profit analysis calculate the required unit sales.
b.Using cost-volume-profit analysis calculate the required dollar sales.
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Statistical Audit Automation Applying Computer Assisted Audit Techniques
Authors: Edward J. Winslow
1st Edition
1973281015, 978-1973281016
