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to find the cr and the vr from the question Breakeven problem HMT 2215 Insurance Expense Rent Expense Food Sales Administrative Expense Cost of food
to find the cr and the vr from the question
Breakeven problem HMT 2215 Insurance Expense Rent Expense Food Sales Administrative Expense Cost of food Marketing Expense Taxes Returns Beverage Sales Salaries and wages (35% Fixed) Depreciation Expense Maintenance Expenses Allowances Cost of Beverages Benefits (45% Variable) Interest Expense 2,800 7,000 150,000 5,000 45,000 3,500 1,200 2,000 42,000 75,000 3,600 8,000 2,500 22,000 17,000 1,300 Make an income statement from the problem above 1. What is the Sales Cost Volume Equation using the figures from the income statement? 2. What is VR? 3. What is CR? 4. What is the Contribution Margin in Dollars? 5. What is Break-Even in Dollars? 6. What is Sales in Dollars if the Profit was 25,000? 7. If the average sale per customer was 35.00 how many covers would be needed to break even? 8. If the average sale per customer was 35.00 how many covers would be needed to achieve the profit in question 6Step by Step Solution
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