Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. based on the cost of burgers sold = 96 x $4.50, al

Based on the Cost of Burgers Sold = 96 x $4.50, allocated Fixed Cost for...

70.2K

Verified Solution

Question

Accounting

Based on the Cost of Burgers Sold = 96 x $4.50, allocated Fixed Cost for one working day of $153 and ignoring credit card charges and tips, your Gross Profit is

a. GP $153

b. (SP + $2)*96 - $432

c. [(SP + $2)*96 - $432] / [(SP + $2)*96*100]

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Why do I sense the pressure of a tack that I've stepped on before I feel...

Medical Sciences
Q

Comparison of electric & gravity forces: Two identical blocks are placed 5 m apart. Each has...

Physics
Q

A licensed CPA can face charges by regulatory agencies for failing to exercise professional skepticism or...

Accounting
Q

A rocket of mass 800 kg is launched from a gravity free space If rate...

Physics
Q

Choose all that apply Angelica strives to submit all her assignments on time however last...

Basic Math
Q

Solve the problem.1) A city is growing at the rate of 0.9% annually. If there...

Basic Math
Q

What account is debited when recording the adjusting entry to write down merchandise inventory under...

Accounting
Q

Transactions that do not increase or decrease cash, but that result in significant investing and...

Accounting
Q

Problem 8-36 (Algo) (LO 8-2, 8-5) [The following information applies to the questions displayed below.]...

Accounting
Q

First Link Services granted 6.2 million of its $1 par common shares to executives, subject...

Accounting
Q

Edgewater Co. has the following December 31, 2018 equity balances: Common stock of $56,000; Additional...

Accounting
Q

Miller Company's contribution format income statement for the most recent month is shown below: Required:...

Accounting