Answer:
A
Explanation:
Most project resources are negotiated with: project managers
Answer:
1. <u>Average variable rate</u>
a. Food and wages = Food and wages expenses/ Total revenue = 155000/650000 = 0.2385 times
b. Delivery cost= Total delivery expenses/Number of mile driven = 22950/9000 = $2.5500/mile
c. Other cost = Total other expenses/ Number of items =260/20 = $13/item
2. Total cost = Total Fixed cost + Total Variable cost
= 265000 + [0.2385(a) + 2.55(b) + 13(c). a=Sales revenue, b=Number of miles driven, c=Number of items
3. If any new item is added to the menu then only the Variable expenses incurred will increase, fixed assets will remain constant. So, the total cost will go up the sum effect of 0.2385 times of revenue, $2.55 of per kilo meter driven for delivery and $13 of other charges for per item on menu.
Answer: Option (B)
Explanation:
Reengineering is referred to as the remodel of the business or organization processes and further the systems and the structure of the organization— so as to accomplish the dramatic development in their performance. It has been also referred to as the new approach to adhere to the business development, with potential so as to accomplish dramatic improvement in their performance.
Answer:
D. $210000
Explanation:
Given that
Inventory balance at the beginning = 22000
Inventory balance at the end = 20000
Inventory turnover = 6.0
Gross profit ratio = 40%
Average inventory = balance at beginning + balance at end / 2
= 22000 + 20000/2
= 21000
Recall that
Inventory turnover = cost of good sold/average inventory
Thus,
Cost of good sold = inventory turnover × average inventory
= 6.0 × 21000
= $126000
Therefore
Net sales = cost of good/ 1 - gross profit ratio
= 126000/1 - 0.4
= 126000/0.6
= $210,000
