Question: Using this information below, answer the following question: What is the CMRw? Total sales amount to $2,000,000 Food generates 75% of total sales Food cost

Using this information below, answer the following question:

  1. What is the CMRw?
  • Total sales amount to $2,000,000
  • Food generates 75% of total sales
  • Food cost is $500,000
  • Beverages generated sales of $300,000 with a CMR of 0.85
  • The gift store generated the remaining sales at a cost of 30%
  • Tax rate is 27%
  • Annual fixed costs total $1,500,000

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