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kati45 [8]
4 years ago
6

Jodie’s chicken-on-a-stick food truck sells about $500 various chicken combo platters per day with an average price of $8. On av

erage, each chicken platter cost $5 (this includes labor, materials and miscellaneous). Jodie’s profit margin is ________.
O $312
O $2,500
O $3 per chicken platter
Business
1 answer:
cluponka [151]4 years ago
5 0

Answer:

The profit margin here is $3

Explanation:

The profit margin is calculated by

Profit Margin = Sales - Cost of Sales  

And

Cost of sales includes all the labour costs, cost of the inventory that has been sold, overhead cost absorbed in the inventory, depreciation etc.

So here we have cost of sales per unit of $5 per unit and selling price of per unit is $8.

By putting values we have:

Profit Margin = $8 per unit - $5 per unit = $3 per unit

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Which of the following is not an example of safeguarding inventory? a.physical devices such as two-way mirrors, cameras, and ala
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Explanation: If we analyze the statements:

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4 years ago
In early July, Damon Rutton purchased a $70 ticket to the December 15 game of the Sarasota Shippers. Parking for the game was ex
Bingel [31]

Answer:

Sunk cost will be = $70

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In the given instance, Damon Rutton Purchased the ticket of $70

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