Solved

Brewster Café Has Estimated That Fixed Costs Per Month Are

Question 124

Multiple Choice

Brewster Café has estimated that fixed costs per month are $114,840 and variable cost per dollar of sales is 42%.For the month of July, the cafe anticipates sales of $300,000.What is the expected level of profit?


A) $126,000
B) $59,160
C) $174,000
D) $11,160

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents