Catering company executes a dinner party for 85 guests. The following numbers were generated. Total Sales...
Catering company executes a dinner party for 85 guests. The following numbers were generated. Total Sales 4975.00 Food purchases 998.25 Labor Expenses 850.00 Smallwares Rental Expense 425.00 Kitchen rental expense 650.00 What is the smallwares rental expense cost percentage?
Homework Answers
Correct answer-------------8.54% or 9%
| Amount | Percentage | |
| Sales | $ 4,975.00 | 100.00% |
| Rental Expense | $ 425.00 | 8.54% |
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Catering company executes a dinner party for 85 guests. The
following numbers were generated. Total Sales...
A catering company executes a dinner party for 85 guests. The following numbers were generated. Total...
A catering company executes a dinner party for 85 guests. The following numbers were generated. Total Sales 4975.00 Food purchases 998.25 Labor Expenses 850.00 Smallwares Rental Expense 425.00 Kitchen rental expense 650.00 After all expenses, what percentage of sales is contribution margin? a) 41.24% b) 4.12% c) 24.25% d) Cannot be determined Please explain your answer, I'm trying to actually learn!
The following data pertain to the Waikiki Sands Hotel for the month of March Flexible Budget Actual Results March March (in thousands)* (in thousands)* $ 665 1,830 $ 676 1,821 Banquets and Catering...
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Maria Chavez owns a catering company that serves food and beverages at parties and business functions....
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Required information The following information applies to the questions displayed below.) Maria Chavez owns a catering...
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