Weekly (Feb 21-27) Projected Actual Difference Food Cost $6,971 $7,842 +$871 (over) Beverage Cost $3,954 $4,156 +$202 (over) Labor Cost $8,423 $9,541 +$1,118 (over) Other Costs $7,645 $7,645 $0 (even) Total Costs $26,993 $29,184 +$2191 (over) Food Sales $18,565 $14,326 -$4,239 (under) Beverage Sales $12,872 $10,852 -$2,020 (under) Total Sales (Revenue) $31,437 $25,178 -$6,259 (under) Total Profit $4,444 -$4,006 -$8,450 (under) What were the results of the restaurant's projected revenue, relative to its projected costs? Select one: a. Profit b. Loss C. Break-even

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.1E: Classify costs Following is a list of various costs incurred in producing and selling college...
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e. A fr. Enduring Word Bibl..
My Questions | bart.
Financial Aid Student Accounts Resources Campus Store
Weekly (Feb 21-27)
Projected
Actual
Difference
Food Cost
$6,971
$7,842
+$871 (over)
Beverage Cost
$3,954
$4,156
+$202 (over)
Labor Cost
$8,423
$9,541
+$1,118 (over)
Other Costs
$7,645
$7,645
$0 (even)
Total Costs
$26,993
$29,184
+$2191 (over)
Food Sales
$18,565
$14,326
-$4,239 (under)
Beverage Sales
$12,872
$10,852
-$2,020 (under)
Total Sales (Revenue)
$31,437
$25,178
-$6,259 (under)
Total Profit
$4,444
-$4,006
-$8,450 (under)
What were the results of the restaurant's projected revenue, relative to its projected costs?
Select one:
a. Profit
b. Loss
c. Break-even
Weekly (Feb 21-27)
Projected
Actual
Difference
Food Cost
$6,971
$7,842
+$871 (over)
Transcribed Image Text:tempt.php?attempt=2891395&cmid=866300 e. A fr. Enduring Word Bibl.. My Questions | bart. Financial Aid Student Accounts Resources Campus Store Weekly (Feb 21-27) Projected Actual Difference Food Cost $6,971 $7,842 +$871 (over) Beverage Cost $3,954 $4,156 +$202 (over) Labor Cost $8,423 $9,541 +$1,118 (over) Other Costs $7,645 $7,645 $0 (even) Total Costs $26,993 $29,184 +$2191 (over) Food Sales $18,565 $14,326 -$4,239 (under) Beverage Sales $12,872 $10,852 -$2,020 (under) Total Sales (Revenue) $31,437 $25,178 -$6,259 (under) Total Profit $4,444 -$4,006 -$8,450 (under) What were the results of the restaurant's projected revenue, relative to its projected costs? Select one: a. Profit b. Loss c. Break-even Weekly (Feb 21-27) Projected Actual Difference Food Cost $6,971 $7,842 +$871 (over)
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