In Erphalene ' s Restaurant, fixed costs are 30 percent of sales, and directly variable costs are
Fantastic news! We've Found the answer you've been seeking!
Question:
In Erphalene ' s Restaurant, fixed costs are 30 percent of sales, and directly variable costs are 25 percent. What percentage of sales should semivariable costs be if the restaurant is to show a 10 percent profit?
Related Book For
Financial Reporting And Analysis
ISBN: 9781260247848
8th Edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
Posted Date: