Answered: compute the sales revenue necessary to…

Business

Accounting

compute the sales revenue necessary to achieve an IBIT of $162,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 9EA: Brahma Industries sells vinyl replacement windows to home improvement retailers nationwide. The...

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Question

Use CVP and compute the sales revenue necessary to achieve an IBIT of $162,000 for a multi-product restaurant with total fixed costs of $150,000 from the information below:

Sales Contribution

Mix Margin

Food 60% 40%

Beverage 40% 70%

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