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2 years ago

Of the restaurants that open in a given year in South Florida, approximately____% fail within the first 2 years of operation

1 answer:

4 0

Restaurants have a very low success rate with only about 20% being successful. 60% fail within one year and 80% fail within 5 years.

<h3>What is a business?</h3>

Business is the activity of making, buying, and selling goods or services so as to make profit.

Restaurants have a very low success rate with only about 20% being successful. 60% fail within one year and 80% fail within 5 years.

Find out more on business at: brainly.com/question/24553900

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Explain the difference between Motivation and engagement

serious [3.7K]

Answer:

Engagement is a sense of purpose, belonging, and commitment to an organization, whereas motivation is the willpower and drive to act on those feelings.

Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity

Explanation:

Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity.

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2 years ago

Read 2 more answers

Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at

soldier1979 [14.2K]

Answer:

a. Activity rates for each activity

Fabrications = $18/dlh

Assembly = $7/dlh

Setup = $450/setup

Inspection = $230/inspection

b. Activity-based factory overhead per unit for each product

Speed Boats = $124.532

Bass boats = $302.068

Explanation:

Provided there are various activities as follows

Activity Cost Speed Boats Bass boats Total activity

Fabrications $522,000 7,250 dlh 21,750 dlh 29,000 dlh

Assembly $182,000 19,500 dlh 6,500 dlh 26,000 dlh

Setup $195,750 52 setups 383 setups 435 setups

Inspection $166,750 91 inspections 634 inspections 725 inspt.

a. Activity rates for each activity

Fabrications = $522,000/29,000 dlh = $18/dlh

Assembly = $182,000/26,000 dlh = $7/dlh

Setup = $195,750/435 setups = $450/setup

Inspection = $166,750/725 inspections = $230/inspection

b. Activity-based factory overhead per unit for each product

Activity Speed Boats Bass boats

Fabrications 7,250 x $18 = $130,500 21,750 X $ 18 = $391,500

Assembly 19,500 X $7 = $136,500 6,500 X $7 = $45,500

Setup 52 X $450 = $23,400 383 X $450 = $172,350

Inspection 91 X $230 = $20,930 634 X $230 = $145,820

Total of both = $311,330 = $755,170

Total units are 2,500 of each product

Cost p.u. = $311,330/2,500 =$124.532 = $755,170/2,500 =$302.068

a. Activity rates for each activity

Fabrications = $18/dlh

Assembly = $7/dlh

Setup = $450/setup

Inspection = $230/inspection

b. Activity-based factory overhead per unit for each product

Speed Boats = $124.532

Bass boats = $302.068

3 0

4 years ago

For Wilton Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $360,000 of factory labor cos

bezimeni [28]

Answer:

The amount of overhead debited to Work in Process Inventory should be: a. $182,00

Explanation:

The Overheads are Applied in the Manufacturing Costs as:

Budgeted Rate × Actual Activity for the Month

At the End of the Period we would need to determined whether this amount of overhead is Over or Under Applied by comparing it to the actual overheads incurred of $180,000 (given)

In our Case, the predetermined overhead rate is 70% of direct labor cost

<em>Thus we need to find the Direct Labor Cost first</em>:

Total Labor Costs $360,000

<em>Less </em>Indirect Labor Costs<em> </em>$100,000

Direct Labor Cost $260,000

<em>Therefore Overheads applied would be determined as:</em>

= $260,000 × 70%

= $182,000

6 0

4 years ago

Read 2 more answers

Cheryl is single, has one child (age six), and files as head of household during 2020. Her salary for the year is $19,500. She q

gogolik [260]

Answer: $3,557

Explanation:

Maximum amount of credit for 2020 is $3,584.

The income credit is calculated by:

= Maximum amount - (Earnings for the year - Minimum phase out range for single person with one child) * phase out percentage.

= 3,584 - (19,500 - 19,330) * 15.98%

= $3,557

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3 years ago

What term describes individuals and groups, both internal and external to the company, whose support is critical to the success

prohojiy [21]

Answer:

The term is stakeholder.

Explanation:

Stakeholders are the people or groups who have an interest in the business. They either affect or are affected by the business. Generally, employees, consumers, creditors, investors, and suppliers are stakeholders of a business.

Stakeholders are categorized into two types.

External Stakeholders
Internal Stakeholders

External stakeholders are those people or groups who are not directly related to the business, for instance, creditors and investors, suppliers.

Internal stakeholders are those group and people who are directly related to the business, for instance, employees, owners, etc.

8 0

3 years ago