If the sales are $1,049,043, the cost of sales $351,429, and the profit $697,614, what is the profit in a percentage format? 66.5% 33.5% 1.5% 50.37% If the sales (S) at Bistro Quatre for a fixed period were $10,000, the variable costs (VC) were $4,300 and the fixed costs (FC) were $4,500, what would the profit (P) be for that same period? $5500 $5700 $1200 $800 With total sales (S) of $325,000 and a total variable cost (VC) of $120,000, what is the variable rate (VR)? 2.71 0.73 0.53 0.37 If 43% of sales is needed to cover variable cost (VC), the remaining 57% is available to meet fixed costs (FC) and to provide a profit (P). The 57% is known as the contribution margin. variable rate. contribution rate. break-even point