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zysi [14]
3 years ago
7

After analyzing your menu, you find that food sales are $1,200 and beverage sales are $800. Your average gross margin for food a

nd beverage is 67%. Which is more profitable, food or beverage
Business
2 answers:
miss Akunina [59]3 years ago
6 0

Answer:

C. Cant tell from the data

Explanation:

stepan [7]3 years ago
3 0

Answer:

Food is more profitable

Explanation:

The formula for calculating the gross margin ratio is as below.

Gross margin ratio= gross profit/ net sales.

Therefore, gross profit=  net sales x gross profit ratio

in this case:

The gross profit ratio is 67%

gross profits from food sales

=1200 x (67/100)

=$804

Gross profit from beverages

=$800 x ( 67 /100)

=$536

Gross  profit from food sales is higher than that of beverages

Food is more profitable

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5 0
3 years ago
Which of the following statements is true with regard to the departmental overhead rate method? Multiple Choice Each department
Anna [14]

Answer:

It is logical to use this method when overhead resources are consumed by various products in substantially different ways throughout multiple departments.

Explanation:

A departmental overhead rate is considered to be a standard charge based on the units of activity produced by a business segment. Overhead rate at the department level are usually applied in a more refined cost allocation environment, where there is a need to apply overhead cost as precisely as possible.

6 0
3 years ago
Match each right or responsibility in a home rental agreement with the correct party.
Salsk061 [2.6K]

1) renter's right----------return of deposit to renter after the rental agreement ends

Most states expect landlords to refund security deposits they gather inside a specific time period after the occupancy closes. Landlords may subtract from the security store any legitimate derivations for repairs and different harms made by the rent and state law.  

You ought to request that a landlord to refund your deposit toward the finish of your tenancy.If your proprietor doesn't consent to the discount, the custodial plan holds the cash until the point that the debate is settled by the plan's question goals benefit or by the court.

2) renter's responsibility-----------b)basic housekeeping and damages caused by renter

Renters are commonly responsible of guaranteeing their property remains sanitary, clean and in decent shape. A landlord is generally not in charge of making any repairs caused by the inhabitant's own imprudence. Be that as it may, if an inhabitant sees an issue and neglects to report it to the landowner, the occupant might be held subject for extra harm that would not have happened had the occupant made an opportune protest.  

3) landlord's right-----------eviction of renter for continued late payment of rent

Gathering late rent can be a standout among the most disappointing parts about being a landlord. All things considered, collecting money for the utilization of your rental property is the essential reason you got into land contributing.  

At the point when renters drive landlords to begin the eviction procedure, it can appear as though getting any sort of cash out of the procedure is quite a while away. It's not unusual for the renter to get irate when they get a notice that the eviction procedure has been begun.

4) landlord's responsibility-----------a) removing bedbugs from property

Bed bug issue? It happens to even the best of apartments. Bed bugs can get a ride in your bag or utilized furniture (be careful with second hand sleeping cushions!) or on your apparel. The critters can even go from another loft in your building.  

On the off chance that you presume Bed bugs, contact your landlord immediately. Your landlord ought to acquire a qualified exterminator to investigate for and measure the convergence of kissing bugs in your rental (and furthermore bordering units). Your proprietor should give you appropriate notice of section for the exterminator's assessment.

6 0
3 years ago
An entrenpeneur knits sweaters for sale. The entrenpeneur has fixed costs of $100. When he makes 10 sweaters in one month, he mu
Likurg_2 [28]

Answer:

marginal cost = $2

Explanation:

given data:

cost on wool when 10 sweater made in one month = $15

cost on wool when 11 sweater made in one month = $17

fixed cost = $100

In case of no other cost present, marginal cost is given by

Marginal cost = cost of eleven sweaters - cost of ten sweaters

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                       = $2

8 0
4 years ago
Jake retired from the police force. He started working an hour or two a day at a paid job in city's courthouse. Jake is A) emplo
fredd [130]

Answer:

The correct answer is letter "A": employed.

Explanation:

Employment is the state in which an individual works independently or for someone else and obtains compensation for the duties performed regardless of the number of hours or days by week that person works. Employment could be informal (usually when the employee does not have payroll benefits) or formal (when the company that person works for offers employees wage, health benefits and a specific number of working hours per week).

5 0
3 years ago
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