Business and finance: How much would Bubba’s profit increase if 10 more dinners were sold?
Bubba’s Steakhouse 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), $1,630; depreciation, $780; and other fixed costs, $500. Each steak dinner sells for $13.70 each.
How much would Bubba’s profit increase if 10 more dinners were sold?
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