Which of kyle’s costs are fixed and which are variable

Reference no: EM131336044

Kyle recently opened a bar & grill. The costs associated with his new business are as follows:

a. $300,000 to build the restaurant

b. $30,000 for a liquor license

c. $50,000 on furniture and kitchenware

d. 2 cooks who will each be paid $5,000 per month

e. 5 waiters who will each be paid $3 per hour plus tips Which of Kyle's costs are fixed, and which are variable? Explain. 3

Reference no: EM131336044

Questions Cloud

Identify the connections between local and national : Identify the connections between and differences among local, national, and global communities. The elements of Jazz serve as the foundation for many of the commercial music trends in American music. Popular music in America in turn influenced c..

Create a work breakdown structure : Create a work breakdown structure in MS Project using the existing information from Assignment 1. Note: This assignment will require you to submit a zipped file. Please see below for details on how to zip a file.

Identifies the appropriate stakeholders : Complete a 750-1,000 word proposal that identifies the appropriate stakeholders, defines the requirements for the stakeholders, and states the rationale for the requirements.

Prepare a letter addressed to john jones : Prepare a letter addressed to John Jones, CFO of Smith Manufacturing. In this letter be sure to request the information that is needed to begin the budgeting process. Also, provide an outline of how the budgeting process flows.

Which of kyle’s costs are fixed and which are variable : Which of Kyle's costs are fixed, and which are variable

Post a brief description of the video you chose : Post a brief description of the video you chose. Next, include an example of one or two codes and provide quotes from your notes or transcript to support your example. Finally, explain your reasoning for this coding

Assuming an exponential distribution : Livelong, Inc.'s computer monitors have a failure rate of 0.00095 units per hour. Assuming an exponential distribution, what is the probability of failure within 5,000 hours? Please fill in numeric value and NOT in percentage form. For example, if..

Airport infrastructure checklist : When examining potential airports as part of your site selection analysis, list three criteria you would include in your airport infrastructure checklist.

Did casey make an economic profit at the tournament : Casey is an expert poker player and can make $35 an hour playing poker online. On Saturday Casey goes to a local tournament with a $15 entry fee. He plays for four hours and wins first place, taking home the $150 prize. Did Casey make an economic ..

User Account

All Pages