Question
In Erphalene ' s Restaurant, fixed costs are 30 percent of sales, and directly variable costs are 25 percent. What percentage of sales should semivariable
In Erphalene ' s Restaurant, fixed costs are 30 percent of sales, and directly variable costs are 25 percent. What percentage of sales should semivariable costs be if the restaurant is to show a 10 percent profit?
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
