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Esther owns a restaurant that sells lunch for $19. The food cost of sales used in producing each set lunch is $5. Additional variable costs
Esther owns a restaurant that sells lunch for $19. The food cost of sales used in producing each set lunch is $5. Additional variable costs are $7 per lunch. What is the contribution margin expressed in dollars and percent for selling 155 lunches?
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To calculate the contribution margin we need to subtract the variable costs per lunch from the selli...
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
