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 208 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 first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

By age 3, children develop scripts for common events such as eating at a restaurant. By age 3, children develop scripts for common events such as eating at a restaurant.
A cutaway view of a typical variable fuel sensor. A cutaway view of a typical variable fuel sensor.
A variable valve timing solenoid being controlled by applying voltage from the PCM. A variable valve timing solenoid being controlled by applying voltage from the PCM.
Variable Gases: Water Vapor Variable Gases: Water Vapor
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Variable expression of yellow phenotype in mice caused by diet-related epigenetic changes in the gen Variable expression of yellow phenotype in mice caused by diet-related epigenetic changes in the gen
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library