(Feb 21—27) Projected Actual Difference Food Cost $6,971 $7,842 +$871 (over) Beverage Cost $3,954 $4, 156 +$202 (over) Labor Cost $8,423 $9,541 +$1,118 (over) Other Costs $7,645 $7,645 $0 (even) Total Costs $26,993 $29, 184 +$2191 (over) Food Sales $18,565 $14,326 -$4,239 (under) Beverage Sales $12,872 $10,852 -$2,020 (under) Total Sales (Revenue) $31,437 $25,178 -$6,259 (under) Total Profit $4,444 -$4,006 -$8,450 (unde What were the results of the restaurant's projected revenue, relative to its projected costs? a. Profit b. Loss c. Break-even
(Feb 21—27) Projected Actual Difference Food Cost $6,971 $7,842 +$871 (over) Beverage Cost $3,954 $4, 156 +$202 (over) Labor Cost $8,423 $9,541 +$1,118 (over) Other Costs $7,645 $7,645 $0 (even) Total Costs $26,993 $29, 184 +$2191 (over) Food Sales $18,565 $14,326 -$4,239 (under) Beverage Sales $12,872 $10,852 -$2,020 (under) Total Sales (Revenue) $31,437 $25,178 -$6,259 (under) Total Profit $4,444 -$4,006 -$8,450 (unde What were the results of the restaurant's projected revenue, relative to its projected costs? a. Profit b. Loss c. Break-even
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
|
(Feb 21—27) |
Projected |
Actual |
Difference |
|
Food Cost |
$6,971 |
$7,842 |
+$871 (over) |
|
Beverage Cost |
$3,954 |
$4, 156 |
+$202 (over) |
|
Labor Cost |
$8,423 |
$9,541 |
+$1,118 (over) |
|
Other Costs |
$7,645 |
$7,645 |
$0 (even) |
|
Total Costs |
$26,993 |
$29, 184 |
+$2191 (over) |
|
Food Sales |
$18,565 |
$14,326 |
-$4,239 (under) |
|
Beverage Sales |
$12,872 |
$10,852 |
-$2,020 (under) |
|
Total Sales (Revenue) |
$31,437 |
$25,178 |
-$6,259 (under) |
|
Total Profit |
$4,444 |
-$4,006 |
-$8,450 (unde |
What were the results of the restaurant's projected revenue, relative to its projected costs?
a.
Profit
b.
Loss
c.
Break-even
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