Answer to Question #28706 in Calculus for DAN

Question

If the following costs are incurred on sales of £18,500:

Staff Wages - £3367

Management Salary - £2250

What are the following percentages? (To 1 decimal place)


Staff Costs
Required
17.8%
19.6%
18.2%
30.4%
12.2%


Management Costs
Required
30.4%
15.2%
21.3%
8.4%
12.2%


Total Employment Costs
Required
30.4%
27.2%
32.5%
21.9%
36.8%


Question 3.
If a pizza costs £2.85 to produce and is sold to the guest for £9.95, what percentage gross profit is made from this dish? (To 1 decimal place)
Required
64.3%
81.2%
72.8%
71.4%
69.2%


Question 4.
What is the VAT amount on an item that sells for £8.50
Required
??1.92
??1.42
??1.27
??1.17
??0.98

Question 5.
A case of 24 bottles of Lager costs £15.84 from our suppliers and we sell each individual bottle for £2.95.


What percentage profit do we make on each bottle?
Required
63.2%
77.6%
76.7%
22.4%
36.8%


How much cash profit is made on the whole case?
Required
£54.96
£70.80
£62.10
£48.34
£69.21

Question 6.
The Belvedere Arms takes £11,800 in drink sales and £5,600 in food sales in a week. In the same week the pub delivers £8,496 profit on drink and £3,640 profit on food. The week's sales budget is £16,200.

What are: (To the nearest whole number)


Total Sales
Required
£17,400
£12,136
£21,300
£29,536
£18,500


Performance Against Sales Budget
Required
Up by 6.9%
Down by 7.4%
Flat
Up by 7.4%
Down by 6.9%


Food GP%
Required
56%
153%
65%
178%
Impossible to say


Drink GP%
Required
72%
49%
151%
138%
Impossible to say


Total GP%
Required
143%
127%
62%
70%

Answer 1

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