Question
You are talking with the manager of Rachel's Burgers, a newly opened restaurant in Lafayette. You were told that, in 2022, its gross profit was
You are talking with the manager of Rachel's Burgers, a newly opened restaurant in Lafayette. You were told that, in 2022, its gross profit was $99,000, its variable cost percentage was 40%, and its fixed costs were $33,000. The manager is interested in the following numbers:
(1) Total Sales
(2) Variable cost
(3)Net Profit/Loss
(4)Contribution margin percentage
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Forensic And Investigative Accounting
Authors: D. Larry Crumbley, Lester E. Heitger, Stevenson Smith
5th Edition
0808026879, 9780808026877
