Estimated Monthly Expense JMD USD Rent 160,000 1,025.24 Ingredients and Supplies 311,840 1,998.19 Utilities 60,000 384.47 Salaries 400,000 2,563.10 Marketing Insurance Total 156,060.97 1,000.00 50,000 320.39 $ 1,137,900.97 7,291.39 Total Monthly Revenue = Rent +Utilities + Salaries + Ingredients + Marketing + Insurance Total Monthly Revenue = 160,000+311,840+60,000+400,000 + 156,060.97 +50,000 = 1,137,900.97 Revenue Projections Average cost per Sandwich 936.37 JMD - 6 USD Average cost per Smoothie 624JMD-4 USD Expected Sales per day for sandwich 50 Expected Sales per day for smoothie Days open per month 22 30 29 Monthly Revenue = Sandwich cost x Sandwich sale + smoothie sales x smoothie cost Monthly Revenue = 50x936.37x29 +30x624x 29 Monthly Revenue = 1357736.5+ 542,880 Monthly Revenue = 1,900,616

Estimated Monthly Expense JMD USD Rent 160,000 1,025.24 Ingredients and Supplies 311,840 1,998.19 Utilities 60,000 384.47 Salaries 400,000 2,563.10 Marketing Insurance Total 156,060.97 1,000.00 50,000 320.39 $ 1,137,900.97 7,291.39 Total Monthly Revenue = Rent +Utilities + Salaries + Ingredients + Marketing + Insurance Total Monthly Revenue = 160,000+311,840+60,000+400,000 + 156,060.97 +50,000 = 1,137,900.97 Revenue Projections Average cost per Sandwich 936.37 JMD - 6 USD Average cost per Smoothie 624JMD-4 USD Expected Sales per day for sandwich 50 Expected Sales per day for smoothie Days open per month 22 30 29 Monthly Revenue = Sandwich cost x Sandwich sale + smoothie sales x smoothie cost Monthly Revenue = 50x936.37x29 +30x624x 29 Monthly Revenue = 1357736.5+ 542,880 Monthly Revenue = 1,900,616

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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