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lara31 [8.8K]
2 years ago
13

Remi owns a small pizza restaurant, where he works full-time in the kitchen. His total revenue last year was $100,000, and his r

ent was $3,000 per month. He pays his one employee $2,000 per month, and the cost of ingredients and overhead averages $500 per month. Remi could earn $35,000 per year as the manager of a competing pizza restaurant nearby. His total explicit costs last year were:____________.
1. $60,000.
2. $24,000.
3. $66,000.
4. $72,000.
5. $6,000.
Business
1 answer:
ICE Princess25 [194]2 years ago
4 0

Answer:

3. $66,000. 

Explanation:

Explicit cost is the total actual cost incurred in carrying out an activity.

Explicit cost = rent + wages + cost of ingredients and overhead

($3,000 × 12) + ($2000×12) +($500 × 12) = $66,000

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Answer:

$575

Explanation:

Given that,

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A manufacturing company plans to forecast its sales. Upper management plans to assemble its most senior personnel to have meetin
ludmilkaskok [199]

Answer:

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good luck ❤

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