Question: 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
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?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
