Question
Given:Beverage sales are $32,200. Beverage sales are 40% of the Total sales. %Food cost is 28% and %Beverage cost is 32%. Expenses are 12% and
Given:Beverage sales are $32,200. Beverage sales are 40% of the Total sales. %Food cost is 28% and %Beverage cost is 32%. Expenses are 12% and the payroll cost is 34%.
1. Calculate the $Net profit.
2. Calculate the Net profit%
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
