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Explain the Nature/Type of business the fixed and variable costs are for... Total Monthly Fixed Cost and Variable Cost and Total cost for both. Is
- Explain the Nature/Type of business the fixed and variable costs are for...
- Total Monthly Fixed Cost and Variable Cost and Total cost for both. Is there strong "seasonality" to your business? Why or why not?
- Calculate the breakeven amount per month
- Calculate the breakeven if you increase your salary by $5000 per month
+ Fixed Costs: Salaries Item (For a Japanese Restaurant) - Advertising - Insurance - Interest Rent - Depreciation Variable Costs: Utilities - Labor Estimated Monthly Costs Estimated Monthly $ 20,000 $2,000 $3,000 $2,000 $5,000 $3,000 $2,000 $3,000 $40,000 Cost Explanation (Why Fixed vs. Variable) Costs that do not change with output (use) Costs that do change with output
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Fixed Costs Salaries This is a fixed cost as it likely refers to base salaries paid to employees regardless of sales volume Advertising Advertising co...
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Practical Management Science
Authors: Wayne L. Winston, Christian Albright
5th Edition
1305631540, 1305631544, 1305250907, 978-1305250901
