What are the total variable costs in dollars

Assignment Help Engineering Mathematics
Reference no: EM131507633

Question: A restaurant has budgeted sales revenue of $912,000 for the next year. Variable costs are 72% of sales revenue and fixed cost is $102,000. Answer the following questions:

a. What are the total variable costs in dollars?

b. What is the restaurant's gross margin expected to be?

c. What is the amount of operating income (before tax)?

Reference no: EM131507633

Questions Cloud

Prepare buff flexible three-level budget : The manager of Buff's Buffet is preparing next year's budget. She wants to prepare a flexible budget for three different annual sales revenue levels.
Analyze a retail business with which you are familiar : Analyze a retail business with which you are familiar and determine the most suitable means of inventory control. Provide specific examples to support your res
Calculate the motel operating income for the year : A 70-room motel's average room rate is $125. Its average occupancy is 74%. Fixed costs are $1,056,000 a year and variable costs are $212,704 a year.
Difference between relative dating and absolute dating : describe the difference between relative dating and absolute dating. Describe how the two methods were used together to develop the geologic time scale
What are the total variable costs in dollars : A restaurant has budgeted sales revenue of $912,000 for the next year. Variable costs are 72% of sales revenue and fixed cost is $102,000.
Which of the following programs is based on this philosophy : Partnerships should include youths at all levels of activity, with their roles considered as important as those of adults.
Examine and evaluate the coaching and mentoring intervention : Examine and evaluate the coaching and mentoring intervention. Describe the process of implementing management and leadership development interventions.
Calculate the budgeted rooms sales revenue : A motel has 40 units. During the month of June, its average room rate is expected to be $80, and its room occupancy 74%.
Prepare the motorway motel budget for next year : As the manager of the 60-room motel, you have the responsibility of preparing next year's budget from the following information

Reviews

Write a Review

Engineering Mathematics Questions & Answers

  Prime number theorem

Dirichlet series

  Proof of bolzano-weierstrass to prove the intermediate value

Every convergent sequence contains either an increasing, or a decreasing subsequence.

  Antisymmetric relations

How many relations on A are both symmetric and antisymmetric?

  Distributed random variables

Daily Airlines fies from Amsterdam to London every day. The price of a ticket for this extremely popular flight route is $75. The aircraft has a passenger capacity of 150.

  Prepare a system of equations

How much money will Dave and Jane raise for charity

  Managing ashland multicomm services

This question is asking you to compare the likelihood of your getting 4 or more subscribers in a sample of 50 when the probability of a subscription has risen from 0.02 to 0.06.]  Talk about the comparison of probabilities in your explanation.

  Skew-symmetric matrices

Skew-symmetric matrices

  Type of taxes and rates in spokane wa

Describe the different type of taxes and their rates in Spokane WA.

  Stratified random sample

Suppose that in the four player game, the person who rolls the smallest number pays $5.00 to the person who rolls the largest number. Calculate each player's expected gain after one round.

  Find the probability density function

Find the probability density function.

  Develop a new linear programming for an aggregate production

Linear programming applied to Aggregate Production Planning of Flat Screen Monitor

  Discrete-time model for an economy

Discrete-time model for an economy

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd