Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 03, 2024

Your guests ordered 245 chicken chipotle sandwiches. Each sandwich sold for $8.50. If the food cost percent for the sandwich is 26%, how much money

Your guests ordered 245 chicken chipotle sandwiches. Each sandwich sold for $8.50. If the food cost percent for the sandwich is 26%, how much money will be left after you pay for the ingredients of all of the sandwiches?

Step by Step Solution

★★★★★

3.40 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

Given that you sold 245 chicken chipotle sandwiches at 850 each the total revenue ea... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics

Authors: Hal R. Varian

9th edition

978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968

More Books

Students also viewed these Accounting questions

Question

★★★★★

1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...

Answered: 1 week ago

Question

★★★★★

1. Based on the information provided in the case below, what is the key strategic goal for Tim Hortons as of August 2014? It would be a year of dramatic change for Tim Hortons Inc. On August 26,...

Answered: 1 week ago

Question

★★★★★

You have $200 and are thinking about betting on the Big Game next Saturday. Your team, the Golden Boars, are scheduled to play their traditional rivals the Robber Barons. It appears that the going...

Answered: 1 week ago

Question

★★★★★

In Problems 4164, graph each function using the techniques of shifting, compressing, stretching, and/or reflecting. Start with the graph of the basic function (for example, y = x 2 ) and show all the...

Answered: 1 week ago

Question

★★★★★

The mayor of a small city has suggested that the state locate a new prison there, arguing that the construction project and resulting jobs will be good for the local economy. A total of 183 residents...

Answered: 1 week ago

Question

★★★★★

Calculate the linear density of ions along the [111] direction UO2, which has the CaF2 structure (Figure 1). Figure 1: Fluorite (CaF2) unit cell showing (a) ion positions and (b) full-size ions....

Answered: 1 week ago

Question

★★★★★

What are some of the topics studied?

Answered: 1 week ago

Question

★★★★★

The following income statement applies to Kawai Company for the current year: Income Statement Sales revenue (200 units $60).................................................$12,000 Variable cost...

Answered: 1 week ago

Question

★★★★★

[The following information applies to the questions displayed below.] On December 1, Year 1, John and Patty Driver formed a corporation called Susquehanna Equipment Rentals. The new corporation was...

Answered: 1 week ago

Question

★★★★★

Applied vs . Actual Manufacturing Overhead Davis Manufacturing Corporation applies manufacturing overhead on the basis of 1 5 0 % of direct labor cost. An analysis of the related accounts and job...

Answered: 1 week ago

Question

★★★★★

Please show all work and formula for full credit. No partial credit will be given. Good Luck! ProbabilityABC ------------------------------------------------------------------------ 0.510%18%8%...

Answered: 1 week ago

Question

★★★★★

Gigabytes Computers, Inc, manufactures two styles of computer keyboards, the multimedia Keyboard and the Comfort Type keyboard. The company uses activity based costing to allocat overhead costs to...

Answered: 1 week ago

Question

★★★★★

Evelyn monitors the number of influenza infections reported in a city in a given week The recent numbers are shown in this table: Week Number of People 0 16 1 32 2 64 3 128 The reported infections...

Answered: 1 week ago

Question

★★★★★

Scenario: Generally, we have considered sexual harassment actions or verbal abuse of women to be done by men. Over the past several decades, the culture of society has evolved. The diversity of sex...

Answered: 1 week ago

Question

★★★★★

Global cities are performing a differentiated function within a global network of exchange and they play specific roles in specific networks. What are examples of such roles and networks? Taipei and...

Answered: 1 week ago

Question

★★★★★

Nomsa feels her low performance rating is unfair as she was not aware of all the concerns and deadlines. During which stage can Nomsa raise her dissatisfaction? a. Performance contract b. Performance...

Answered: 1 week ago

Question

★★★★★

Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning InventoryEnding InventoryFinished goods...

Answered: 1 week ago

Question

★★★★★

As you rewrite these sentences, replace the cliches and buzzwords with plain language (if you don't recognize any of these terms, you can find definitions online): a. Being a jack-of-all-trades, Dave...

Answered: 1 week ago

Question

★★★★★

Evangeline and Gabriel met at a freshman mixer. They want desperately to meet each other again, but they forgot to exchange names or phone numbers when they met the first time. There are two possible...

Answered: 1 week ago

Question

★★★★★

Professor Goodheart always gives two midterms in his communications class. He only uses the higher of the two scores that a student gets on the midterms when he calculates the course grade. (a) Nancy...

Answered: 1 week ago

Question

★★★★★

In Rustbucket, Michigan, there are 200 people who want to sell their used cars. Everybody knows that 100 of these cars are lemons and 100 of these cars are good. The problem is that nobody except the...

Answered: 1 week ago

Question

★★★★★

An exam is given to students in an introductory statistics course. What is likely to be true of the shape of the histogram of scores if: a. the exam is quite easy? b. the exam is quite dif fi cult?...

Answered: 1 week ago

Question

★★★★★

The following two relative frequency distributions were constructed using data that appeared in the report Undergraduate Students and Credit Cards in 2004 (Nellie Mae, May 2005). One relative...

Answered: 1 week ago

Question

★★★★★

The accompanying data on annual maximum wind speed (in meters per second) in Hong Kong for each year in a 45-year period were given in an article that appeared in the journal Renewable Energy (March,...

Answered: 1 week ago

Previous Question Next Question