SlideShare a Scribd company logo
1 of 2
Shula's 347 Grill has budgeted the following costs for a month in which 1,600 steak dinners will
be produced and sold: Materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,700;
depreciation, $800; and other fixed costs, $600. Each steak dinner sells for $14.00 each. What is
Shula's budgeted profit?
Solution
Answer
Shula's budgeted profit = $ 10,020
Working
Calculation Budgeted
Profit
Sales 22400
Variable Expenses
Material 4080
Labor 5200 9280
Contribution Margin 13120
Fixed Cost
Rent 1700
Depreciation 800
Other Fixed Cost 600 3100
Budgeted Profit 10020
Shula-'s 347 Grill has budgeted the following costs for a month in whi.docx

More Related Content

More from rennaknapp

Json File - { -student_id-- 101- -first_name-- -James--.docx
Json File -   {     -student_id-- 101-     -first_name-- -James--.docxJson File -   {     -student_id-- 101-     -first_name-- -James--.docx
Json File - { -student_id-- 101- -first_name-- -James--.docx
rennaknapp
 
John plans to add a new operation Peek to the stackADT- This new opera.docx
John plans to add a new operation Peek to the stackADT- This new opera.docxJohn plans to add a new operation Peek to the stackADT- This new opera.docx
John plans to add a new operation Peek to the stackADT- This new opera.docx
rennaknapp
 

More from rennaknapp (20)

Kyle is a student with an emotional behavioral disorder- He has also b.docx
Kyle is a student with an emotional behavioral disorder- He has also b.docxKyle is a student with an emotional behavioral disorder- He has also b.docx
Kyle is a student with an emotional behavioral disorder- He has also b.docx
 
Json File - { -student_id-- 101- -first_name-- -James--.docx
Json File -   {     -student_id-- 101-     -first_name-- -James--.docxJson File -   {     -student_id-- 101-     -first_name-- -James--.docx
Json File - { -student_id-- 101- -first_name-- -James--.docx
 
Make a concept map that shows the hierarchical relationship between th.docx
Make a concept map that shows the hierarchical relationship between th.docxMake a concept map that shows the hierarchical relationship between th.docx
Make a concept map that shows the hierarchical relationship between th.docx
 
Jordan and Alyssa are saving for their daughter Taylor's college educa.docx
Jordan and Alyssa are saving for their daughter Taylor's college educa.docxJordan and Alyssa are saving for their daughter Taylor's college educa.docx
Jordan and Alyssa are saving for their daughter Taylor's college educa.docx
 
John receives $3-400 from an investment at the beginning of every half.docx
John receives $3-400 from an investment at the beginning of every half.docxJohn receives $3-400 from an investment at the beginning of every half.docx
John receives $3-400 from an investment at the beginning of every half.docx
 
Many documents use a specific format for a person's name- Write a prog.docx
Many documents use a specific format for a person's name- Write a prog.docxMany documents use a specific format for a person's name- Write a prog.docx
Many documents use a specific format for a person's name- Write a prog.docx
 
Many crimes- like embezzlement- have definite trends- The demographic.docx
Many crimes- like embezzlement- have definite trends- The demographic.docxMany crimes- like embezzlement- have definite trends- The demographic.docx
Many crimes- like embezzlement- have definite trends- The demographic.docx
 
Management The consequences of unresolved conflict often have devastat.docx
Management The consequences of unresolved conflict often have devastat.docxManagement The consequences of unresolved conflict often have devastat.docx
Management The consequences of unresolved conflict often have devastat.docx
 
Make a star field as in Star Trek (the original series)- like MS's.docx
Make a star field as in Star Trek (the original series)- like  MS's.docxMake a star field as in Star Trek (the original series)- like  MS's.docx
Make a star field as in Star Trek (the original series)- like MS's.docx
 
MAKE a CONCEPT MAP illustrating how glycolysis- the Krebs-Citric acid.docx
MAKE a CONCEPT MAP illustrating how glycolysis- the Krebs-Citric acid.docxMAKE a CONCEPT MAP illustrating how glycolysis- the Krebs-Citric acid.docx
MAKE a CONCEPT MAP illustrating how glycolysis- the Krebs-Citric acid.docx
 
John plans to add a new operation Peek to the stackADT- This new opera.docx
John plans to add a new operation Peek to the stackADT- This new opera.docxJohn plans to add a new operation Peek to the stackADT- This new opera.docx
John plans to add a new operation Peek to the stackADT- This new opera.docx
 
John is a part of a team that has been gathered temporarily to develop.docx
John is a part of a team that has been gathered temporarily to develop.docxJohn is a part of a team that has been gathered temporarily to develop.docx
John is a part of a team that has been gathered temporarily to develop.docx
 
M(1-3-4-6-9-1)).docx
M(1-3-4-6-9-1)).docxM(1-3-4-6-9-1)).docx
M(1-3-4-6-9-1)).docx
 
M and N are independent events- P(MN)-0-71- Find P(M).docx
M and N are independent events- P(MN)-0-71- Find P(M).docxM and N are independent events- P(MN)-0-71- Find P(M).docx
M and N are independent events- P(MN)-0-71- Find P(M).docx
 
Lucia is 63- Almost time for retirement! But Lucia is worried because.docx
Lucia is 63- Almost time for retirement! But Lucia is worried because.docxLucia is 63- Almost time for retirement! But Lucia is worried because.docx
Lucia is 63- Almost time for retirement! But Lucia is worried because.docx
 
Los Pollos Hermanos is a privately held fast food corporation based in.docx
Los Pollos Hermanos is a privately held fast food corporation based in.docxLos Pollos Hermanos is a privately held fast food corporation based in.docx
Los Pollos Hermanos is a privately held fast food corporation based in.docx
 
LO23 Explain the concept of cytoplasmic inheritance Why do traits affe.docx
LO23 Explain the concept of cytoplasmic inheritance Why do traits affe.docxLO23 Explain the concept of cytoplasmic inheritance Why do traits affe.docx
LO23 Explain the concept of cytoplasmic inheritance Why do traits affe.docx
 
LO2 Identify the concepts of phenotype and genotype The following diag.docx
LO2 Identify the concepts of phenotype and genotype The following diag.docxLO2 Identify the concepts of phenotype and genotype The following diag.docx
LO2 Identify the concepts of phenotype and genotype The following diag.docx
 
List which is revenue which is expenses Accounts Payable Utilities P.docx
List which is revenue which is expenses  Accounts Payable  Utilities P.docxList which is revenue which is expenses  Accounts Payable  Utilities P.docx
List which is revenue which is expenses Accounts Payable Utilities P.docx
 
List all multivalued dependencies within the CustomerOrder table- Lis.docx
List all multivalued dependencies within the CustomerOrder table-  Lis.docxList all multivalued dependencies within the CustomerOrder table-  Lis.docx
List all multivalued dependencies within the CustomerOrder table- Lis.docx
 

Recently uploaded

Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
AnaAcapella
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
QucHHunhnh
 

Recently uploaded (20)

Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentation
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptx
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 

Shula-'s 347 Grill has budgeted the following costs for a month in whi.docx

  • 1. Shula's 347 Grill has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: Materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each steak dinner sells for $14.00 each. What is Shula's budgeted profit? Solution Answer Shula's budgeted profit = $ 10,020 Working Calculation Budgeted Profit Sales 22400 Variable Expenses Material 4080 Labor 5200 9280 Contribution Margin 13120 Fixed Cost Rent 1700 Depreciation 800 Other Fixed Cost 600 3100 Budgeted Profit 10020