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 thusfar: item selling price variable cost % of revenue soft drink $ 1.00 $ 0.65 25wine $ 2.00 $ 1.00 24coffee $ 1.25 $ 0.40 31 candy $ 0.75$ 0.30 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 $ 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. boothrental, which is a contractual cost at $ 80.00 for each booth pernight, is also a fixed cost. a) based on the informationavailable, the per night break-even point in dollars for the st. cloud theatre company = $nothing (round your response to two decimal places).
Answers: 3
Business, 22.06.2019 11:00
The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.
Answers: 2
Business, 22.06.2019 13:10
Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .
Answers: 1
Business, 22.06.2019 18:00
Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?
Answers: 1
Business, 22.06.2019 20:40
On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share
Answers: 3
As manager of the st. cloud theatre company, you have decided that concession sales will support the...
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