Which of the following statements is false? a. As business volume increases, fixed cost per unit decreases. b. In the hotel and restaurant business, a sale is the exchange products or services for value. c. Fixed costs change with volume of sales. d. Sales may be expressed in terms of the number of units sold.

How much were the sales in November 2022 in Burnaby Hideaway restaurant if the Cost of Sales was $46,500, the Cost of Labor was $33,247, the fixed costs totaled $65,883, and the restaurant experienced loss of $2,129?

a.

$145,630

b.

$143,501

c.

$143,501

d.

$158,759

Which of the following statements is true?

a.

Restaurant recipes show food, beverage, labor and other total costs.

b.

A restaurant income statement shows total food, and if alcoholic beverages are served, total beverage costs and other total costs.

c.

A restaurants income statement includes both, unit and total costs.

d.

In a restaurant that serves alcoholic beverages, total costs are only the costs of beverages sold.