A manager is considering staying open one extra hour per day and wants to calculate his minimum
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A manager is considering staying open one extra hour per day and wants to calculate his minimum sales point (MSP). The manger’s variable costs are 40%, food costs are 30%, and fixed costs are 60%. The minimum labor cost for staying open one extra hour is $125.00. Rounded up to the nearest dollar, what is this manager’s MSP?
a. $417
b. $437
c. $457
d. $407
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Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
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