Answer:
too few resources devoted to its production.
Explanation:
Personally never knew he existed till yesterday, and I gotta say he is a very funny man.
Large part of working in this industry requires dealing with customers. If you were a hotel manager
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Bristol charges $56 per trip
The variable cost= $30
The monthly fixed cost= $7, 280.
To calculate the break-even point we need to use the following formula:
Break-even point= fixed costs/ contribution margin
Break-even point= 7,280 / (56 - 30)= 280 trips
Margin of safety= (current sales level - break-even point)
Margin of safety= 300 - 280= 20 trips