Homework Help is Here – Start Your Trial Now!
Business
Accounting
Question 5 4 pts The Night Owl Restaurant generates sales of $900,000 a month with variable costs of 30%. The salmon burger is one of the restaurants' most popular items with a price of $14 and a food cost of 30%. The menu has 20 item and total sales average 20,000 menu items a month, of which 25% are Salmon burgers. What is the profit factor for the salmon burger? O1.20 O 0.93 1.49 1.56 ◄ Previous Next

Question 5 4 pts The Night Owl Restaurant generates sales of $900,000 a month with variable costs of 30%. The salmon burger is one of the restaurants' most popular items with a price of $14 and a food cost of 30%. The menu has 20 item and total sales average 20,000 menu items a month, of which 25% are Salmon burgers. What is the profit factor for the salmon burger? O1.20 O 0.93 1.49 1.56 ◄ Previous Next

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question
None
Question 5 4 pts The Night Owl Restaurant generates sales of $900,000 a month with variable costs of 30%. The salmon burger is one of the restaurants' most popular items with a price of $14 and a food cost of 30%. The menu has 20 item and total sales average 20,000 menu items a month, of which 25% are Salmon burgers. What is the profit factor for the salmon burger? O1.20 O 0.93 1.49 1.56 ◄ Previous Next
Transcribed Image Text:Question 5 4 pts The Night Owl Restaurant generates sales of $900,000 a month with variable costs of 30%. The salmon burger is one of the restaurants' most popular items with a price of $14 and a food cost of 30%. The menu has 20 item and total sales average 20,000 menu items a month, of which 25% are Salmon burgers. What is the profit factor for the salmon burger? O1.20 O 0.93 1.49 1.56 ◄ Previous Next
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS