User Account

All Pages

What level of revenue is required to achieve a labor cost

Assignment Help Accounting Basics
Reference no: EM132536451

Question - Kimme's Restaurant operates 308 days a year and requires a total of 42 hours a week. If this restaurant pays its employees $9.50 per hour, what level of revenue is required to achieve a labor cost percentage of 27%?

Reference no: EM132536451

Questions Cloud

Potential energy and conservation of energy : What should be the spring onstant k of a spring designed to bring a 1200-kg ar to rest from a speed of 95 km/h so that the o upants undergo a maximum
Kineti energy and work : When both ars in rease their speed by 8 m/s they then have the same kineti energy. What were the original speeds of the two ars?
What forces in the industry environment : What forces in the industry environment might affect Avon's choice of strategy? What does an internal analysis tell us about this?
Determine what is the break-even point : Sales of 12 000 units at $500 each from. It expects to make a profit of $1.5m at this level. If the margin of safety ratio is 25%, what is the break-even point?
What level of revenue is required to achieve a labor cost : If this restaurant pays its employees $9.50 per hour, what level of revenue is required to achieve a labor cost percentage of 27%
Assignment on wheatstone bridge : In the experimental set-up of Wheatstone Bridge R is 100 O. It has been measured experimentally that the bridge reaches to the balance
What is the actual to budget revenue variance : If actual sales amounted to $28,850 and the threshold for significance is $500, what is the actual to budget revenue variance for September
Consider expedition everest case : Consider Expedition Everest case at the end of the chapter: what elements in Disney's approach to developing its theme rides do you find particularly impressive
Draw the voltage vs current graph : In the circuit the voltage on a resistor of R=100 O has been measured as 0, 2, 4, 6, 8, 10 V.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What skill must be developed to evaluate company performance

What is managerial accounting and how does it help businesses create a competitive advantage? What skills must be developed to evaluate company performance

  Work with the iasb in such a cooperative manner

For years the FASB had little interest in pursuing international harmonization projects. What prompted its seemingly new interest in 2002 to work with the IASB in such a cooperative manner?

  Prepare the schedule using effective-interest method

Prepare the schedule using effective-interest method to amortize bond premium or discount of Nance Co. (Round answers to 0 decimal places, e.g. 125.)

  Problem regarding the kind of radiation

Your normal body temperature is 98.6 F. What kind of radiation do you predominately emit? At what wavelength in nano meters do you emit the most radiation?

  Discuss new corporations decision to allow

Discuss NEW Corporations decision to allow its Taiwanese subsidiary to charge a higher price to NEW than to uncontrolled customers in Australia. Assess the likelihood that the Taiwanese tax authority will provide a correlative adjustment to NEW..

  Expenses for the year were 392000 ending equity is 751000

beginning assets were 700000 beginning equity was 225000 revenue for the year was 523000 common stock sold during the

  What interest rate is leon paying

Leon Tyler's VISA balance is $793.15. He may pay it off in 12 equal end-of-month payments of $75 each. What interest rate is Leon paying?

  Result of the current distribution

The partners' relative interests in the Sec. 751 assets do not change as a result of the current distribution. Carlos's basis in the building is:

  Determining four accounting regulatory bodies

Examine at least four accounting regulatory bodies. Discuss how an organization complies with the standards of the regulatory bodies you selected.

  English language proficiency

What confounding variables may be present that would invalidate the conclusion that requiring a foreign language in high school increases English language proficiency?

  Define breakeven point

Define "breakeven point." Why is it important for a company to track the breakeven point in both units and sales

  Calculate the federal income tax

William A. Gregg, a high school educator, and Mary W. Gregg, a microbiologist, are married and file a joint income tax return for 2016.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd