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q2 Inbox Anmoldeep Kaur 3:08 PM (0 minutes ago) to Aman The fixed cost of the banqueting department per day is $499. The number of

q2

Inbox

Anmoldeep Kaur

3:08 PM (0 minutes ago)

to Aman

  • The fixed cost of the banqueting department per day is $499.
  • The number of people a customer has indicated would attend 121.
  • The food cost per person of the selected menu is$14.61.
  • The variable wage cost per person of the selected menu is $5.34.
  • The other variable costs per person of the selected menu is $8.3.
  • The desired net income is 18%.
  • Per person, the customer does not want to pay more than $20.75.

Food cost per person

Wage cost per person

Other costs person

Total variable cost per person

Total variable cost per person

Total fixed cost per person

Total cost per person

Selling price per person

Accept or Decline

Sales revenue

Variable costs

Gross margin

Fixed costs

Operating profit / -loss

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