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of your answer. Problem 20 Use CVP and compute the sales revenue necessary to achieve an IBIT of $162,000 for a multi-product restaurant from the
of your answer. Problem 20 Use CVP and compute the sales revenue necessary to achieve an IBIT of $162,000 for a multi-product restaurant from the information below. Food Beverage Total Sales $240,000 $160,000 $400,000 100% VC 144,000 48,000 192,000 48% CM 96,000 112,000 208,000 52% FC 150,000 IBIT 58,000 Forecasting Sales 361 Problem 21 Use CVP and compute the sales revenue necessary to achieve an IBIT of $162,000 for a multi-product restaurant with total fixed costs of $150,000 from the information below: Sales Contribution Mix Margin Food 60% 40% Beverage 40% 70%
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