Answer: Menu cost
Explanation:
Menu cost is the cost to a firm due to constant price changes. The name was coined from restaurants who changed their prices constantly by printing new menus.
For a wider definition, the menu costs also include the re-tagging of items, updating of computer systems, and hiring consultants in order to develop new pricing strategies and the costs of printing menus.
Answer:
Planning budget=$6,956
Explanation:
<em>The planning budget is that which is based on the expected level of activity. It is the original budget used for planning purpose</em> .
The planning budget for Picozzi would based on the planned activity level of 16 snow-day
The operation cost formula = 2,060 + $306 per snow-day
Planning budget = 2,060 + (306×16)=$6,956
Planning budget=$6,956
<u>Answer:</u> Option B The purchasing power of your salary increased between 2009 and 2018.
<u>Explanation:</u>
CPI is the acronym for Consumer Price Index. CPI measures the average change in price of the consumer products and services. This can also be called as inflation. The price level that prevails in the economy can be measured and also the purchasing power of the individuals can also be determined.
As in this case the CPI has increased denoting the inflation in the economy. The purchasing power has also increased due to the rise in the salary from 2009 to 2018.
The correct answer should be C. 09712
