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The owner of Big Burger Restaurant wants to determine the unit cost associated with their 10,000 sales of burgers for January 201A. The variable expenses per burger: Burger patty - 5.50 Bread - 2.00 Ketchup - 0.50 Lettuce - 6.00 Mayonnaise - 0.50 Total Variable cost - 14.50   The fixed expenses are as follows: Labor - 5,500 Rent - 2,500 Insurance - 500 Advertising - 2,000 Utilities - 4,800 Total fixed cost - 15,300

The owner of Big Burger Restaurant wants to determine the unit cost associated with their 10,000 sales of burgers for January 201A. The variable expenses per burger: Burger patty - 5.50 Bread - 2.00 Ketchup - 0.50 Lettuce - 6.00 Mayonnaise - 0.50 Total Variable cost - 14.50   The fixed expenses are as follows: Labor - 5,500 Rent - 2,500 Insurance - 500 Advertising - 2,000 Utilities - 4,800 Total fixed cost - 15,300

FINANCIAL ACCOUNTING
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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The owner of Big Burger Restaurant wants to determine the unit cost associated with their 10,000 sales of burgers for January 201A.

The variable expenses per burger:

Burger patty - 5.50

Bread - 2.00

Ketchup - 0.50

Lettuce - 6.00

Mayonnaise - 0.50

Total Variable cost - 14.50

 

The fixed expenses are as follows:

Labor - 5,500

Rent - 2,500

Insurance - 500

Advertising - 2,000

Utilities - 4,800

Total fixed cost - 15,300

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