Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dear Teacher, please can you help this homework please.(subject-cost control) when preparing it,please put the formula for me please,and please do it in a clear

Dear Teacher,

please can you help this homework please.(subject-cost control)

when preparing it,please put the formula for me please,and please do it in a clear way.

question 1:-

The following information is taken from the budget being proposed for the next month for the coffee shop.The number of guests used to estimate the budgeted revenues is Rs 133,333.

Taking into consideration,calculate:-

The guest check average.

variable cost per guests

Total Monthly sales Rs1,000,000

Total monthly fixed cost Rs 110,000

Total monthly variable cost-Rs 740,000

Total Monthly cost Rs 850,000

Total net income Rs 150,000

Determine the number of guests that must be served for the coffee shop to break- even.

Determine the number of guests that must be served for the coffee shop to generate a net income of Rs 100,000.

The management of the coffee shop is considering the need to close for extensive renovation. With regards to that targeted number of guests that would be served during this period would be 32,000, how much loss would the company suffer?

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

Food And Beverage Cost Control

Authors: Lea R. Dopson, David K. Hayes, Jack E. Miller

4th Edition

0471694177, 978-0471694175

More Books

Students also viewed these Accounting questions

Question

It would have become a big deal.

Answered: 1 week ago