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

Question

1 Approved Answer

Marks: 2.5 Q2. The following information is from the records of Daphne's Restaurant: Sales S800,000 Variable cost $342,400 Fixed cost $345,600 Assume that sales volume

image text in transcribed

Marks: 2.5 Q2. The following information is from the records of Daphne's Restaurant: Sales S800,000 Variable cost $342,400 Fixed cost $345,600 Assume that sales volume equals 40,000 covers: a. Calculate profit b. Calculate average dollar sale. c. Calculate dollar sales required to earn a profit of $125,000, assuming variable rate does not change. Marks: 2.5

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

Step: 3

blur-text-image

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

GAO Financial Audit Manual Volume 1 Updated April 2020

GAO Financial Audit Manual Volume 1 Updated April 2020

Authors: United States Government GAO

2020 Edition

B091PR8396, 979-8733135977

More Books

Students also viewed these Accounting questions

Question

★★★★★
A child goes down a playground slide that is inclined at an angle of 26.5 below the horizontal. Find the acceleration of the child given that the coefficient of kinetic friction between the child and...

Answered: 1 week ago

Question

★★★★★
Using the information in Problem 3, assume that the two other plants have indices of 0.8 and 0.7. Is it likely that the three plants can handle the annual demand?

Answered: 1 week ago

Question

★★★★★
=+35.2. Let Y1, Y2 ,... be independent random variables with mean 0 and variance o2. Let X ,, = (E" _, Y1)2 - no2 and show that {X,) is a martingale.

Answered: 1 week ago

Question

★★★★★
The Museum of Art is preparing for its annual appreciation dinner for contributing members. Last year, 500 members attended the dinner. Tickets for the dinner were $20 per attendee. Last years income...

Answered: 1 week ago

Question

★★★★★
Marks: 2.5 Q2. The following information is from the records of Daphne's Restaurant: Sales S800,000 Variable cost $342,400 Fixed cost $345,600 Assume that sales volume equals 40,000 covers: a....

Answered: 1 week ago

Question

★★★★★
Show that ((1+()) xi (tox; Ki++)) where a Fi (a, b, c, z) (is a fon hypergeometric ction

Answered: 1 week ago

Question

★★★★★
An ABDE metal pipe is kept in balance by a DF cable as well as by two ball joints in A and E. A load of 800N (vertical) is applied in C. a) What is the moment of force associated with the load of 800...

Answered: 1 week ago

Question

★★★★★
Q1. Gourmet has PKR150 million in sales revenue with PKR90 million in cost of goods sold. It has selling and administrative expenses of PKR10, pays annual taxes in the amount of PKR10 and has...

Answered: 1 week ago

Question

★★★★★
Imagine you head a large agency such as the Department of Education (DoE). Based on your experience with the CITI certification process and your class readings, outline a protocol for approving...

Answered: 1 week ago

Question

★★★★★
Using the P-O-L-C Framework, answer the following questios: 600 wrds.. Take one item from each section that you could relate to you and discuss how you could use in your life right now.and write the...

Answered: 1 week ago

Question

★★★★★
Fig. H 4.39 Determine the forces bars 1, 2 and 3 of the plane truss loaded and supported (Ans. S S2 S3=-30 a/2h) as shown in Fig. I. = C aaaaaa B aga Fig. 1 Q

Answered: 1 week ago

Question

★★★★★
developing thick cultural analysis grounded in interaction situations such as international joint ventures;

Answered: 1 week ago

Question

★★★★★
advancing understanding of the interaction processes of cultures, within power relations, that give rise to successful and unsuccessful hybrid forms of managing through cross-vergence of cultures;

Answered: 1 week ago

Question

★★★★★
breaking out of previously conceived and investigated cultural dimensions, to develop new concepts that are more helpful in overcoming pejorative assumptions about cultures outside Western traditions;

Answered: 1 week ago

Previous Question Next Question