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At Manolo's Bistro, the owner wants to know the breakeven figures for next month. You are provided with the following information. Food Cost is 36%
At Manolo's Bistro, the owner wants to know the breakeven figures for next month. You are provided with the following information. Food Cost is 36% of sales Labor Cost is 35% of sales Rent is $36,000 per year Manager's Salary is $48,000 per year Depreciation is $84,000 per year Marketing Expenses are 3% of sales Employee Benefits are $120,000 per year Utilities are $2,000 per month Using the information provided above, determine the following: Total Fixed Cost are: $ The Variable Rate is: % The Contribution Rate is: % Breakeven Sales in Dollars are: $
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