Angelinecurioso5idn
Answered

Sumali sa IDNStudy.com at makuha ang mga sagot ng eksperto. Magtanong at makatanggap ng maaasahang sagot mula sa aming dedikadong komunidad ng mga eksperto.

The difference between how much an item costs and how much you set the
item for it's your profit per item is called Any person working in business or
retail will find the skill of being able to calculate
Calculating your
is done by subtracting your buying price from
your selling price​

Sagot :

Markzeiantarubalidn

Answer:

Operating Budgets and Income Statements

An operating budget is management’s plan for generating revenue and incurring expenses over the time of the budget. Operating budgets are usually in effect for a fiscal year, but they are subject to alterations if anticipated revenues or costs change markedly from what was projected.

In the following section, it is assumed that there are records from previous years that can be used to create an operating budget. When a business first starts up, the operating budget is based upon a careful analysis of the market and the expertise senior management brings with them to the new enterprise from other jobs in the food service industry. Creating a first budget is beyond the intent of this book.

A budget is developed by calculating projected sales, determining required profit levels and fixed expenses, and calculating food costs.

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