Question
Q. What is the Operating profit / -loss ? (CHOOSE ONE BETWEEN ACCEPT AND DECLINE) The fixed cost of the banqueting department per day is
Q. What is the Operating profit / -loss ? (CHOOSE ONE BETWEEN ACCEPT AND DECLINE)
Thefixed costof the banqueting department per day is $458.
- Thenumber of peoplea customer has indicated would attend 83.
- Thefood cost per personof the selected menu is$18.33.
- Thevariable wage cost per personof the selected menu is $7.37.
- Theother variable costs per personof the selected menu is $8.86.
- Thedesired net incomeis 21%.
- Per person, the customerdoes not want to pay more than $20.48.
Q. What is the Operating profit / -loss ? (CHOOSE ONE BETWEEN ACCEPT AND DECLINE)
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Accounting
Authors: Carl S Warren, James M Reeve, Jonathan Duchac
24th Edition
0538475005, 9780538475006
