Question

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
• Average dinner sale price - $40 Income statement - La Brasserie restaurant Revenues $2,098,400 • Average lunch sale price -
0 0
Add a comment Improve this question Transcribed image text
Answer #1

lunch: dinnee 2:1 & 40 40 Revenue - $2,098, 400 lunch - $2,098,400X40 - $ 1,049,200 Dinnee - $1,049, 200 Variable expensel CoContribution per unde lunch = $20-$14 = $6 Dinner - d40- & 28 = $12 Totae fered cost ? - $140,940 + $ 451,500 $622,440 * BreaC combined bueak even in unit Contubation mix = 2:1: 48 +4232 12 +12 2 24 - $622,440 = 25,935 24 lunch - 85,935x2 2 51,870 Di

Add a comment
Know the answer?
Add Answer to:
ICE-3 (Work as a group of 3-4. Submit to Canvas by 02/17/2020, 11:59 PM) Income statement...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 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 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...

    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 R...

    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...

    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...

    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 f...

    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...

    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...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT