Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 25 Sep 2017 My Price 2.00

budgeted sales revenue

A restaurant has budgeted sales revenue of $880,000 for the next year. Variable costs are 70 percent of sales revenue and fixed cost is $244,000. 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)?

Answers

(5)
Status NEW Posted 25 Sep 2017 07:09 PM My Price 2.00

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