ICE-3 (Work as a group of 3-4. Submit to Canvas by 02/17/2020, 11:59 PM) Income statement...
ICE-3 (Work as a group of 3-4. Submit to Canvas by 02/17/2020, 11:59 PM) Income statement -La Brasserie restaurant $2,098,400 1.246,500 851,900 • Average dinner sale price - $40 • Average lunch sale price - $20 • Assume that the variable cost of preparing and serving dinner is also twice that of a lunch • The restaurant serves twice as many lunches as dinners • Assume - restaurant open for 305 days Revenues Cost of sales, all variable Gross profit...
• Average dinner sale price - $40 Income statement - La Brasserie restaurant Revenues $2,098,400 • Average lunch sale price - $20 Cost of sales, all variable 1.246,500 • Assume that the variable cost of preparing and Gross profit 851,900 serving dinner is also twice that of a lunch Operating expenses • The restaurant serves twice as many lunches Variable 222,380 as dinners Fixed 170,940 Administrative expenses, all fixed 451,500 • Assume - restaurant open for 305 days Net income...
6100 Case study Case #1 Sales $2,158,400 Cost of sales (all variable) $1,246,050 Gross Margin $912,350 Operating expenses: Variable $222,380 Fixed $170,940 Total operating expenses: $393,320 Administative expenses (all fixed) $451,500 Net operating income $67,530 The above income statement presents the sales, expenses and pre-tax operating income for a local eating facility. At this facility, the average meal cost for lunches and dinners are $20 and $40 respectively. This restaurant serves both lunch and dinner 300 days per year, and...
As a recently hired MBA intern, you are working in a consulting capacity to provide an analysis for Al Dente's Italian Restaurant. A financial income Statement is presented below: Sales $4,640,560 Cost of sales (all variable) $2,679,008 Gross Margin $1,961,553 Operating expenses: Variable $478,117 Fixed $367,521 Total operating expenses: $845,638 Administative expenses (all fixed) $970,725 Net operating income $145,190 This income statement presents the sales, expenses and pre-tax operating income for a local eating facility. At Al Dente, the average...
MBA 6100 Case Study 1 Spring 2019 Block 2 As a recently hired MBA intern, you are working in a consulting capacity to provide an analysis for Al Dente's Italian Restaurant. A financial income Statement is presented below: Sales $4,856,400 Cost of sales (all variable) $2,803,613 Gross Margin $2,052,788 Operating expenses: Variable $500,355 Fixed $384,615 Total operating expenses: $884,970 Administative expenses (all fixed) $1,015,875 Net operating income $151,943 This income statement presents the sales, expenses and pre-tax operating income for...
MBA 6100 Case Study 1 Spring 2019 Block 2 As a recently hired MBA intern, you are working in a consulting capacity to provide an analysis for Al Dente's Italian Restaurant. A financial income Statement is presented below: Sales $4,640,560 Cost of sales (all variable) $2,679,008 Gross Margin $1,961,553 Operating expenses: Variable $478,117 Fixed $367,521 Total operating expenses: $845,638 Administative expenses (all fixed) $970,725 Net operating income $145,190 This income statement presents the sales, expenses and pre-tax operating income for...
As a recently hired MBA intern, you are working in a consulting capacity to provide an analysis for Al Dente's Italian Restaurant. A financial income Statement is presented below: Sales $2,698,000 Cost of sales (all variable) $1,557,563 Gross Margin $1,140,438 Operating expenses: Variable $277,975 Fixed $213,675 Total operating expenses: $491,650 Administative expenses (all fixed) $564,375 Net operating income $84,413 This income statement presents the sales, expenses and pre-tax operating income for a local eating facility. At Al Dente, the average...
Problem 11-18 Relevant Cost Analysis in a variety of Situations (LO11-2, LO11-3, LO11-4) Andrett Company has a single product called a Dak. The company normally produces and sells 123,000 Daks each year at a selling price of $46 per unit. The company's unit costs at this level of activity are given below: $ 7.50 11.00 2.20 4.00 ($492,000 total) Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing overhead Variable selling expenses Fixed selling expenses Total cost per unit 6.50...