Question: A manager is considering staying open one extra hour per day and wants to calculate his minimum sales point (MSP). The mangers variable costs are

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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