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1. Sales may be slower than expected when you start out. What can you do to stimulate demand?
2, How many servers would you need to hire if you are open 10 hours a day, Monday through Friday, and want two servers working at all times?
3. Given estimated sales of 2,000 medium cups of coffee for the week, how much coffee should you buy?
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- 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 $1.20 $2.00 $1.25 $1.20 Variable Cost $0.60 $0.95 $0.35 $0.25 % of Revenue 26 24 30 20 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 $300.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $300.00, 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 = $633.640 (round your response to two decimal places).Your Corporation manufactures four products that use the same raw material and production machine. Your Company is experiencing a shortage of pounds of the raw material. Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, BAs 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 $2.00 $1.00 $0.75 Variable Cost $0.65 $0.90 $0.30 $0.25 % of Revenue 25 24 31 20 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 $300.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $300.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $60.00 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 = $ 1138.92 (round your response to two decimal places). b) Based on the given information, the per night break-even point in servings for wine =…
- 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 $1.75 $1.50 $0.75 Variable Cost $0.70 $1.00 $0.35 $0.35 % of Revenue 24 25 29 22 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 $60.00 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 w servings (round…The Incident Command System (ICS) is a structure and response system that has become the standard in many fire departments, police emergency operations, and emergency management systems across the United States. What are the components of the ICS? Select all that apply. Finance Logistics Planning OperationsUse the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute occupancy index for the subject hotel. Rooms Available (Supply) Rooms Sold (Demand) Revenue The subject hotel 10'000 7'000 700'000 Hotel A 9'000 3'000 400'000 Hotel B 9'000 8'000 700'000 Hotel C 10'000 7'000 700'000 Hotel D 000י7 5'000 500'000 Hotel E 11'000 8'000 700'000 Hotel F 8'000 4'000 400'000
- Appliance Apps has the following costs associated with its production and sale of devices that allow appliances to receive commands from cell phones. Beginning Inventory Units Produced 25,000 Units Sold 20,000 Selling Price per Unit $146 Variable Sales and Administration Expenses $4 Fixed Sales and Administration Expenses $975,000 Direct Material Cost per Unit $26 Direct Labor Cost per Unit $1 Variable Manufacturing Overhead Cost per Unit $3 Fixed Manufacturing Overhead Cost per Month $977,500 Prepare an income statement under the absorption method. If an amount box does not require an entry, leave it blank. Appliance Apps Income Statement: Absorption Cost of Goods Sold: Total Cost of Goods Sold Sales and Administrative Expenses: Variable Fixed Prepare an income statement under the variable costing method. If an amount box does not require an entry, leave it blank. Appliance Apps Income Statement: Variable Cost of Goods Sold: Total Cost of Goods Sold Sales and Administrative Expenses:…You've purchased a 1 liter bottle of Coffee Liqueur for $19.95. You serve the liqueur in 1.5 oz. drinks. 1) How many drinks can be obtained from the bottle? drinks 2) What is the cost per drink? $ 3) If you want the beverage cost percent to be 18%, how much should you be charging for each cocktail? $ per drinkWrite a essay of 800- 1200 words, in which you analyse how Have Wings (restuarant and takeaways) in Soweto can ensure efficient operations and effective inventory management. Your discussion should include but is not limited to: Analyse the view that an effective inventory management system is premised upon the principles of accurate demand forecasting and keeping accurate records of inventory in the relation to Have Wings
- I need correct and non plagiarised answer. I will rate accordingly. What is the difference between Quantity Production and Flow Line Production?A firm produces three products. Product A sells for $60; its variable costs are $20. Product B sells for $200; its variable costs are $120. Product C sells for $25; its variable costs are $10. The forecasted sales (demand) for firms products are; 1000 units of A, 2000 units of B, and 10,000 units of C. The firm has fixed costs of $320,000 per year. Consider yourself as newly employed Operations Manager, determine the break-even point of the firm.Which user demand collecting method do you believe is the most effective?Justify your position in detail.
