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Using this information below, answer the following question: What is the CMRw? Total sales amount to $2,000,000 Food generates 75% of total sales Food cost
Using this information below, answer the following question:
- What is the CMRw?
- Total sales amount to $2,000,000
- Food generates 75% of total sales
- Food cost is $500,000
- Beverages generated sales of $300,000 with a CMR of 0.85
- The gift store generated the remaining sales at a cost of 30%
- Tax rate is 27%
- Annual fixed costs total $1,500,000
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