As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Soft Drink Wine Coffee Candy Selling Price $1.00 $1.80 $1.50 $0.75 Variable Cost $0.70 $1.00 $0.35 $0.30 % of Revenue 26 26 29 19 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $250.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $250.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $50.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $ (round your response to two decimal places). b) Based on the given information, the per night break-even point in servings for wine = servings (round your response to one decimal place).

Metlock sells books, movies, and magazines to a wide customer base. In a typical month, about 40% of its sales volume is from books, 40% from movies, and 20% from magazines. The selling price and cost information for each of these product categories is as follows. Selling price Variable cost/unit (a) (b) Books $9 3 Your answer is correct. Books In addition, Metlock incurs facility and administrative costs that average $28,080 per month. eTextbook and Media Movies Movies Weighted-average contribution margin $ Magazines $14 Find the weighted-average contribution margin per unit for this company. (Round answer to 2 decimal places, e.g. 15.25.) Your answer is incorrect. 9 Magazines $5 units 1 Determine how many units from each product category Metlock must sell to break even. (Round answers to O decimals, e.g. 15.) units units 5.2 per unit Attempts: unlimited

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A quality control activity analysis indicated the following four activity costs of a hotel. Verifying credit card information $486,000 Customer service training 364,500 Discounting room rates due to poor customer service 243,000 Correcting charges to customer invoices 121,500 Total $1,215,000 Sales are $8,100,000 for the year. Prepare a cost of quality report. Round your answers to one decimal place, if necessary. Cost of Quality Report Quality Cost Percent of Quality Cost Percent of Total Quality Cost Classification Total Sales $ Prevention Appraisal Internal failure External failure Totals % 100 % % %

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Analyze Cityscape Hotels Cityscape Hotels has 200 rooms available in a major metropolitan city. The hotel is able to attract business customers during the weekdays and leisure customers during the weekend. However, the leisure customers on weekends occupy fewer rooms than do business customers on weekdays. Thus, Cityscape plans to provide special weekend pricing to attract additional leisure customers. A hotel room is priced at $180 per room night. The cost of a hotel room night includes the following: Line Item Description Cost Per Room Night(at normal occupancy) Housekeeping service $23 Utilities 7 Amenities 3 Hotel depreciation 55 Hotel staff (excluding housekeeping) 42 Total $130 The special weekend price is proposed for $120 per room night. At this price, it is anticipated that average occupancy for the weekend (Friday, Saturday, and Sunday) will increase from 30% to 50% of available rooms. Question Content Area a. What is the contribution margin for a…

Group work problems 1) The Rick Shaw Chair company makes twb types of rocking chairs, a plain chair and a fancy chair. Each rocking chair must be assembled and then finished. The plain chair takes 4 hours to assemble and 4 hours to finish. The fancy chair takes 8 hours to assemble and 12 hours to finish. The company can provide at most 160 worker-hours of assembling and 180 worker-hours of finishing a day. If the profit on a plain chair is $40 and the profit on a fancy chair is $65, how many rocking chairs of each type should the company make per day to maximize profits? What is the maximum profit?

Mary is a sales person for Challenge Furniture. She receives an incremental commission based on the table below. If she sells $28,000 and has already received a draw of $766.15, how much commission is still owed to Mary? Level Sales volume Commission Rate 1 $0-11,700 3.1% 2 $11,700-21,200 4.3% 3 Over $21,200 4.9% Need Help? Read It Watch It Master it Submit Answer 4. [0/1 Points]' DETAILS MY NOTES BRECMBC9 9.1.028. PREVIOUS ANSWERS ASK YOUR TEACHER PRACTICE ANOTHER Jerry King is a server in a restaurant that pays a salary of $28 per day. He also averages tips of 18% of his total gross food orders. Last week he worked 6 days and had total food orders of $2,962.50. What was his total gross pay for the week (in $)? x Need Help? Read It Submit Answer