Question: Dear Teacher, please help me answer these question in the easiest way possible please.And please give me in a clear version each formula of each
Dear Teacher,
please help me answer these question in the easiest way possible please.And please give me in a clear version each formula of each calculation.please
subject-(cost control)
Question-The Best Ingredient restaurant has a:
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Total annual revenue of Rs 26,472,113
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Fixed costs estimated to be 45% of sales
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Variable cost are estimated to be 30% of sales
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The guest check average is Rs 1200 according to the micros system
Calculate:-
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The variable cost per guest
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Calculate the monthly break-even point of thee restaurant.
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The owner of the restaurant is considering adding entertainment on every fridays.The entertainment cost Rs 225,000 for one-month trial month.How many additional guests will be required monthly to break even on this entertainment test assuming guest check average remaining unchanged?
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Due to fluctuation in market prices of raw materials,a 4% increase in the variable costs are expected for the coming financial year,fixed costs remaining unchanged,how many additional guest will be required to be served ti keep the profit goal the same?
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So far the restaurant has remained close on Monday,and the owner is planning to open up and he is expecting to generate a minimum net income of Rs 38000 on monday.An additional fixed costs of Rs 25000 will be incurred to compensate for production,service,labour and other costs.Determine the number of guests that must be served to achieve the desired net income
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The manager is planning to provide baristas service in thee restaurant with an investment cost of Rs 194,950.Depreciation is established for 5 years with maintenance cost Rs 5000 yearly by the company.Taking into consideration the variation of CVP analysis,determine the number of additional guests that need to be served to cover the new fixed cost and thereafter how much of an increase in revenue will be needed to cover this additional cost without reducing the profit goal.
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