Use the cvp and compute the sales revenue necessary to achieve an IBIT of $162,000 for a multi product restaurant with total fixed costs of $150,00 from the information           Sales mix                         contribution margin food      60%                                   40% Beverage   40%                                70%

The data below relate to a small service business. The business delivers a standard service to all customers. (Enter your answer as an integer number.) Fixed costs Variable cost per service £100,000 146 271 Selling price per service How many services need to be provided to make a profit of £166,000 for the business? Enter your answer below. The number of services to make the required profit is

Liberty Coffee sells three small coffees for every large coffee. A small coffee sells for $3.00, with a variable expense of $1.50. A large coffee sells for $5.00, with a variable expense of $2.50.Requirements1. Determine the coffee shop’s monthly breakeven point in the numbers of small coffees and large coffees. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of expenses: variable and fixed.2. Compute the coffee shop’s margin of safety in dollars.3. Use the coffee shop’s operating leverage factor (using the July contribution margin income statement) to determine its new operating income if sales volume increases 12%. Prove your results using the contribution margin income statement format. Assume that sales mix remains unchanged.

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Assume the total monthly operating costs of a Hardee’s restaurant are: $35,000 + $0.75Xwhere X = Number of burgers ordered Determine the average cost per burger if the monthly volume of burgers ordered is 20,000.

Manly Beach Enterprises projects the following information for the coming year. Sales Production 1,900 units 2,000 units Selling price per sewing machine Total variable manufacturing cost Total fixed manufacturing cost Marketing and administrative cost (40% variable based on sales) $200 $160,000 $60,000 $80,000 a. Determine the projected net income using absorption costing: $ b. Determine the projected net income using variable costing: $

What is the level of sales needed to obtain a 15% ROI of $8,250,000 for a restaurant and cover all the costs? (Condition: the restaurant has two main products, food and beverage) Food generates 75% of total sales and $3,000,000 in food sales with a 34% food cost. Beverage with a CMR of .80. Tax rate is 18% and fixed costs are $500,000 annually.

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?

Using this information below, answer the following question: What is the Net Income required? Total sales amount to $2,000,000 Food generates 75% of total sales Food cost is $500,000 Beverages generated sales of $300,000 with a CMR of 0.85 The gift store generated the remaining sales at a cost of 30% Tax rate is 27% Annual fixed costs total $1,500,000 Group of answer choices $1,080,000 $1,010,000 $1,000,000 $1,090,000

Use CVP and compute the food covers necessary to achieve break even for a single product restaurant with total fixed cost of $ 16,000, an average check of $ 15, and a variable cost per cover of $. 7.