Jibba Steakhouse has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: Materials $4,080 = Hourly labor (variable) = $5,200 = Rent (fixed) $1,755 Depreciation $770 = Other fixed costs = $645 Each steak dinner sells for $13.00 each. How much would profit increase if 11 more dinners were sold?

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How much would profit increase if ll more dinners were sold

Jibba Steakhouse has budgeted the following costs for a month
in which 1,600 steak dinners will be produced and sold:
Materials $4,080
=
Hourly labor (variable) = $5,200
=
Rent (fixed) $1,755
Depreciation $770
=
Other fixed costs = $645
Each steak dinner sells for $13.00 each. How much would
profit increase if 11 more dinners were sold?
Transcribed Image Text:Jibba Steakhouse has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: Materials $4,080 = Hourly labor (variable) = $5,200 = Rent (fixed) $1,755 Depreciation $770 = Other fixed costs = $645 Each steak dinner sells for $13.00 each. How much would profit increase if 11 more dinners were sold?
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