A table is given below. The table shows, the number of people who took their coffee and total billing for each of the 5 weeks. On the basis of this table give answers for the question given below. (Q-2).
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What is the Gross Margin per unit of sale? |
21.2 20.8 20.4 20 |
20 |
Gross Mrgin per Unit = Unit Price -Unit cost Weighted average is the Unit Price for the Restaurant
Unit cost refers to variable cost (also referred to as cost of goods sold). Total Variable cost= 60 % of 93000 =55800 Unit Cost = Total Variable Cost/ No of Guests= 55800/1860=30 Thus Gross Margin =50-30=Rs 20 |