Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a restaurant has an average check of $12.95, with

A restaurant has an average check of $12.95, with an average variable cost of $5.44....

70.2K

Verified Solution

Question

Accounting

A restaurant has an average check of $12.95, with an average variable cost of $5.44. Fixed costs are $140,000. Calculate the following: (5 points)

a. What is the unit contribution margin?

b. What are breakeven units?

c. What is the variable cost percentage?

d. What is the contribution as a percentage?

e. What is breakeven sales revenue?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2 The nucleus of helium atom contains two that are separated by distance 3 0...

Physics
Q

A bomb at rest explodes into two pieces of mass 2 kg and 4 kg...

Physics
Q

Solve the equation by graphing the related function x 169 0

Algebra
Q

Three moons are in the same circular orbit around a planet. The moons are each...

Algebra
Q

Use the graph below to determine the equation of the circle in a center radius...

Algebra
Q

QUESTION 29 2 points Save Answer As a screening tool, the...

Accounting
Q

Royal Company manufactures 20,000 units of Part R-3 each year for use in its finished...

Accounting
Q

En 2008, el consumo medio mundial de electricidad per cpita fue de 3,0 MWh. La...

Accounting
Q

s/ewconnesumh alytical Assessm .t0 Help Save&Exit Easton Company makes and sells scooters. Easton incurred the...

Accounting
Q

Which of the following sections of the statement of cash flows include activities that increase...

Accounting
Q

Cul de los siguientes aumentara la tasa de eficiencia? a.) Evitar averas en...

Accounting
Q

iBank located in Singapore has the following balance sheet (in million): Assets Duration Cash S$20...

Finance