A sandwich shop estimates it will serve 3,000 guests in a co…

A sandwich shop estimates it will serve 3,000 guests in a coming accounting period. The nonfood operating costs for the period are estimated to be $13,000, and the operation seeks to achieve profits in the period of $1,850. What will be contribution margin per guest the manager will want to achieve in the period?

At the beginning of a buffet meal a manager placed $1,400 wo…

At the beginning of a buffet meal a manager placed $1,400 worth of food on the buffet line. During the meal another $800 of food was added to the line. At the end of the meal the value of the remaining food was $300. What was the total product cost of the manager’s buffet during this meal period?

At the beginning of a buffet meal a manager placed $1,100 wo…

At the beginning of a buffet meal a manager placed $1,100 worth of food on the buffet line. During the meal another $500 of food was added to the line. At the end of the meal the value of the remaining food was $400. The manager served 100 guests. What was the buffet’s cost per guest served during this meal period?