This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A restaurant budgets 24 of sales for variable costs, 12 for fixed costs, and 5 for profit. One of ... (Read 177 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
on: Aug 10, 2018
A restaurant budgets 24 of sales for variable costs, 12 for fixed costs, and 5 for profit. One of the dishes on the menu has a cost per portion of 3.27 and a direct labor cost of 0.97 .
 
  Using the actual pricing method, what is the appropriate sales price for this dish?

Question 2

Convert 0.875 to a fraction.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Aug 10, 2018
Answer to Question 1

7.19

Answer to Question 2

This is a multiple of 0.125 (which equals 1/8). Since
0.875 = 7 X 0.125, then 0.875 = 7/8 . Alternatively, write 875/1000 . It can be reduced by
dividing numerator and denominator by 125, to get 7/8


bio_gurl

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Aug 10, 2018
Thanks


shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Aug 10, 2018
Welcome :)


« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

A fixed action pattern elicited by a sign stimulus. A fixed action pattern elicited by a sign stimulus.
A cutaway view of a typical variable fuel sensor. A cutaway view of a typical variable fuel sensor.
Variable Gases: Ozone Variable Gases: Ozone
Profit-maximizing Chart Profit-maximizing Chart
Summary of Single Variable Discrete Models Summary of Single Variable Discrete Models
Separation of variable number tandem repeat (VNTR) alleles after PCR amplification Separation of variable number tandem repeat (VNTR) alleles after PCR amplification
Video: Plant Defense Mechanisms from Pathogens

For a complete list of videos, visit our video library