Question
A restaurant prepared the following budget: Revenue 1,000 meals @ $25 each 25,000 Ingredients 1,000 meals @ $12 each (12,000) Operating expenses 6,000 + $2
A restaurant prepared the following budget: Revenue 1,000 meals @ $25 each 25,000 Ingredients 1,000 meals @ $12 each (12,000) Operating expenses 6,000 + $2 per meal (8,000) Operating Income 5,000 If 800 meals were served, the flexible budget operating income would be ________?
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Cost Management Strategies For Business Decisions
Authors: Ronald Hilton, Michael Maher, Frank Selto
3rd Edition
0072830085, 978-0072830088
