Question
Based on the Cost of Burgers Sold = 96 x $4.50, allocated Fixed Cost for one working day of $153 and ignoring credit card charges
Based on the Cost of Burgers Sold = 96 x $4.50, allocated Fixed Cost for one working day of $153 and ignoring credit card charges and tips, your Gross Profit is
a. GP $153
b. (SP + $2)*96 - $432
c. [(SP + $2)*96 - $432] / [(SP + $2)*96*100]
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Management Accounting
Authors: John Burns, Martin Quinn, Liz Warren, João Oliveira
1st Edition
0077121619, 978-0077121617
