Question: Given the following information, calculate Variable Rate (3 decimal places 0.000) Food Cost: $10,000 Beverage cost: $4,000 Hourly Wages: $4,000 Salaries: $5,000 Overhead: $5,500 Sales:

Given the following information, calculate Variable Rate (3 decimal places 0.000)

  • Food Cost: $10,000
  • Beverage cost: $4,000
  • Hourly Wages: $4,000
  • Salaries: $5,000
  • Overhead: $5,500
  • Sales: $50,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Scenario 1.3 - The New Flight Commander TrialsInstructions: Read the background information and scenario below, then answer the questions in a discussion post. Background: After in-processing at your...

Q:

I need help with these questions. I will pay $30. This submission limit to $8 only. Can I get by tomorrow noon. 11/16/2017.Please provide excel with calculations Question 2 Assume that you are...

Q:

Help with this, pls... 1. Given the following information, calculate cost percentages. Round your answers to the nearest tenth of a percent. a. Cost, $200.00; Sales, $500.00 b. Cost, $150.00; Sales,...

Q:

Accounting Principles 2 - Exercises Question 1: On February l, 201?, Tessa Williams and Audrey Xie formed a partnership in Ontario. Williams contributed $30,000 cash and Xie contributed land valued...

Q:

Accounting Principles 2 - Exercises Question 1: On February l, 201?, Tessa Williams and Audrey Xie formed a partnership in Ontario. Williams contributed $30,000 cash and Xie contributed land valued...

Q:

Accounting Principles 2 - Exercises Question 1: On February l, 201?, Tessa Williams and Audrey Xie formed a partnership in Ontario. Williams contributed $30,000 cash and Xie contributed land valued...

Q:

Accounting Principles 2 - Exercises Question 1: On February l, 201?, Tessa Williams and Audrey Xie formed a partnership in Ontario. Williams contributed $30,000 cash and Xie contributed land valued...

Q:

Tower Inc. is in its annual Capital Budgeting review process. To complete this process, Tower Inc. wants to determine its WACC ( Part A below ) and then set its hurdle rate above its WACC so that new...

Q:

QUESTION 4 (20 Marks) 4.1 Cobble Furnishers is considering extending credit to some customers who may be at risk of defaulting in payment. Sales will increase by R450 000 if credit is granted to...

Q:

* **Please help to show formula and working, thanks!*** (1) Given the following information calculate the relevant annual Net Cash Flow After Tax [NCFAT], needed to calculate NPV. Forecast Annual...

Q:

I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....

Q:

24. Chemical action during corrosion converts metal into metallic component as: a. hydroxide b. oxide C. sulphate 25. Which of the following corrosions are caused due to velocity of fluid flow in...

Q:

In Figure, a 30 kg child stands on the edge of a stationary merry-go-round of mass 100 kg and radius 2.0 m. The rotational inertia of the merry-go-round about its rotation axis is 150 kg ? m. The...

Q:

Hampton Industries had $ 5 0 , 0 0 0 in cash at year - end 2 0 2 0 and $ 1 9 , 0 0 0 in cash at year - end 2 0 2 1 . The firm invested in property, plant, and equipment totaling $ 2 1 0 , 0 0 0 the...

Q:

Object oriented programming C++ Q1: Write a function that receives an array checks if an integer array is sorted or not. bool isSorted(int all, int n) Q2: write a function that receives three arrays,...