The Night Owl Bar sold 200 of the brand Canadian Club (CC) Whisky last month...
70.2K
Verified Solution
Link Copied!
Question
Accounting
The Night Owl Bar sold 200 of the brand Canadian Club (CC) Whisky last month generates sales of $1,000. A bottle of CC costs $50, with a bottle size of 1,000 ml and a drink size of 1.5oz. There are 20 brand and 8 categories sold in the bar. The total CM = $ 10,500 for the menu. What is the profit factor for the brand Canadian Club if the contribution margin for the category Canadian Whisky =2,000?
A. 1.02
B. 1.90
C. 1.06
D. 1.50
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!