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NeX [460]
3 years ago
10

A regular customer, who is known for being demanding, comes in and asks for his favorite server. unfortunately, that server is n

ot working. the next table in the rotation has a less experienced server. you would
Business
1 answer:
beks73 [17]3 years ago
5 0
Given the above scenario, I would request that the customer sit at another table where a server who has experience handling demanding customers is situated. Since the server at this table know how to handle demanding customers, the customer will be able to get quality service that will meet up with his standard.
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The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales and
Cloud [144]

Answer: (1) From the income statement it is clear that the racing bike cannot meet its fixed cost because it cannot provide a contribution towards meeting the fixed cost (2) it should be discontinued since it cannot provide a contribution towards meeting its fixed cost (3)A Dirk bike has a profit of $26,700, A mountain bike has a profit of $39,600, A racing bike has a loss of ($25,000) Total profit for the product line is $41,300

Explanation:

Income statement

Dirk bike mountain bike. Racing bike. Total

$ $ $ $

Sales. 264,000. 407,000 256,000 927,000

Less :Variablecost 114,000. 200,000 157,000. 471,000

----------- -------------- ------------- ------------

Contribution margin 150,000 207,000 99,000 456,000

Less: Fixed cost

Fixed Advertising. 8,900. 40,300. 20,400 69,600

Depreciation of equipment 20,700 7,300 15,900 43,900

Salary of product line manager 40,900. 38,400 36,500 115,800

Allocated common fixed expenses 52,800 81,400 51,200. 185,400

----------- ------------- ---------- -------------

Total Fixed Expenses 123,300 167,400. 124,000 414,700

Net operating income(loss) 26,700 39,600 (25,000) 41,300

(1) From the income statement it is clear that racing bike cannot meet its fixed cost because it cannot provide contribution towards meeting its fixed cost

(2) it should be discontinued since it cannot provide a contribution towards meeting its fixed cost

(3) A Dirk bike has a profit of $26,700, A mountain bike has a profit of $39,600, A racing bike has a loss of ($25,000) Total profit for the product line is $41,300

7 0
3 years ago
Boeing has often cut its prices drastically to try to maintain its 60 percent of sales of commercial aircraft as it competes wit
bija089 [108]
A market share objective is the reason they encountered losses. Market share often pursues by companies when industry sales are relatively flat or declining. Although increased market share is a primary goal of some firms, others see it as a means to other ends: increasing sales and profits.



5 0
3 years ago
Wally and Sally want to go into business together and plan on offering a tutoring service to high school and college students. W
sashaice [31]

Answer:

A. Yes, because the corporation would be required to pay tax on its profits, and the shareholders would also be required to pay taxes on dividends

4 0
3 years ago
Production and sales estimates for March for the Robin Co. are as follows:Estimated inventory (units), March 1 18,000Desired inv
VladimirAG [237]

Answer:

No of units manufactured = No. of units sold + Closing units - Opening units

= 24000 + 21600 - 18000= 27600

Total selling expenses for february:

1. Sales commission = $ 700000 * 5% = $ 35000

Sales manager salary = $ 96000

Advertisement = $ 90000

Shipping charges = $ 14000

Misc selling expenses = $ 2500 + $ 3500 = $ 6000

Total selling expenses = $ 6000 +$ 14000 $ 90000 + $ 96000 + $ 35000 = $ 241000

Explanation:

3 0
3 years ago
Two investments were made totaling $15000. for a certain year these investments yielded $1432 in simple interest. part of the $1
Andrews [41]
<span>Let amount invested at 9% be "x"; Interest on this is 0.09x dollars Amt. invested at 10% is "15000-x" ; Interest on this is 0.1(15000-x)=1500-0.1x dollars EQUATION: interext + interest=1432 dollars 0.09x + 1500-0.10x = 1432 -0.01x = -68 x=$6800 (amt invested at 9%) 15000-6800=$8200 (amt invested at 10%)</span>
3 0
3 years ago
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