FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2021, the average selling price per unit in Downtown Bistro was $15.35. 19,360 menu items were sold in bistro in that time period. The

In 2021, the average selling price per unit in Downtown Bistro was $15.35. 19,360 menu items were sold in bistro in that time period. The total fixed costs amounted to $142,408, and the total profit was $22,952. What was the variable rate In Downtown Bistro in 2021?
Select one:
a. .44
b. .56

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_2

Step: 3

blur-text-image_3

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

Management Audit Approach In Writing Business History A Comparison With Kennedys Technique On Railroad History

Management Audit Approach In Writing Business History A Comparison With Kennedys Technique On Railroad History

Authors: Allen Bures

1st Edition

1138980277, 978-1138980273

More Books

Students also viewed these Accounting questions

Question

★★★★★
How does the role of information in the rational model of decision making differ from the role of information in the behavioral model?

Answered: 1 week ago

Question

★★★★★
Assuming that sin u = 3/5 and sin v = 4/5 and that u and v are between 0 and /2, evaluate each of the following exactly. sin (u - v)

Answered: 1 week ago

Question

★★★★★
Whats an example of token appreciation that you engaged in? What were your intentions? Could you have approached this situation more honestly and constructively? How?

Answered: 1 week ago

Question

★★★★★
Tierney County Total Governmental Funds Preclosing Trial Balance December 31, 20X5 Debit Credit Additional Information 1. The beginning trial balance of the general capital assets and general...

Answered: 1 week ago

Question

★★★★★
In 2021, the average selling price per unit in Downtown Bistro was $15.35. 19,360 menu items were sold in bistro in that time period. The total fixed costs amounted to $142,408, and the total profit...

Answered: 1 week ago

Question

★★★★★
PDE FINAL EXAM SPH4U.pdf X + X C File | C:/Users/ghrer/Downloads/FINAL%20EXAM%20SPH4U.pdf to G to I V Draw 2 | | Read aloud + 3 of 10| 2 | ED c. 17 m/s [W] 9. A car with a mass of 1800 kg slows from...

Answered: 1 week ago

Question

★★★★★
Making sure that time is dedicated to problem - solving and post - performance review is an explicit part of: - Supportive learning environment. - Learning processes and practices. - Managers...

Answered: 1 week ago

Question

★★★★★
High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated with materials handling costs. The high and low levels of resource usage...

Answered: 1 week ago

Question

★★★★★
In a research project the PMHNP is conducting, some patients are excluded from the project, so instead of randomizing subjects, the subjects are highly selected. This type of selection could produce...

Answered: 1 week ago

Question

★★★★★
The 15 tenure track professors in a university math department are paid an average of $90,000 per year, while the 10 adjunct professors are paid an average of $60,000 per year. What is the average...

Answered: 1 week ago

Question

★★★★★
9. Alicia is the project manager of the Cloud Managed Services team that works on the Spanish Telecom project. Recently the client sent a request for a custom cloud solution. The typical development...

Answered: 1 week ago

Question

★★★★★
6. Describe how communication can reinforce cultural beliefs and behavior.

Answered: 1 week ago

Question

★★★★★
7. The celebration of Buddhas birthday is not held on Christmas, but instead on: a. Fourth of July b. July 14 c. Asian Lunar New Years Day d. Hanamatsuri

Answered: 1 week ago

Question

★★★★★
10. Describe the relationship between communication and power.

Answered: 1 week ago

Previous Question Next Question