FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question 5
4 pts
The Night Owl Restaurant generates sales of $900,000 a month with variable costs of 30%.
The salmon burger is one of the restaurants' most popular items with a price of $14 and a food
cost of 30%. The menu has 20 item and total sales average 20,000 menu items a month, of
which 25% are Salmon burgers. What is the profit factor for the salmon burger?
O1.20
O 0.93
1.49
1.56
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Transcribed Image Text:Question 5 4 pts The Night Owl Restaurant generates sales of $900,000 a month with variable costs of 30%. The salmon burger is one of the restaurants' most popular items with a price of $14 and a food cost of 30%. The menu has 20 item and total sales average 20,000 menu items a month, of which 25% are Salmon burgers. What is the profit factor for the salmon burger? O1.20 O 0.93 1.49 1.56 ◄ Previous Next
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