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Gnom [1K]
3 years ago
14

Suppose that the rise in the price of coffee beans resulted in a large decrease in the supply of Starbucks coffee while the lowe

r prices by its competitor resulted in only a small decrease in demand. The net impact would be a:________.
Business
1 answer:
tigry1 [53]3 years ago
3 0

Answer:

A price that is higher and lower quantity of Starbucks coffee

Explanation:

There was only a small decrease in demand for Starbucks coffee, and demand has been greatly decreased.

The demand for Starbucks coffee will remain high, supply will be limited and this will push the price high due to scarcity of the coffee.

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Randy’s Pizza delivers pizzas to dormitories and apartments near a major state university. The company's annual fixed costs are
marusya05 [52]

Answer:

Please see answers below

Explanation:

A. For break even point

= fixed expenses - Contribution margin per unit

Where,

Contribution margin per unit = Sales per unit - Variable cost per unit

= $11 - $4

= $7

Therefore,

Break even points in unit = $58,800 ÷ $7

= 8,400 pizzas

B. Target profit

The break even point = Fixed costs expenses + Target profit / Contribution margin per unit

= ($58,800 + $54,000) / $7

= $112,800 / $7

= 16,114 pizzas

C. Margin of safety in dollars

= (Total sales - Break even in sales) * Selling price per unit

= ( 9,900 - 8,400 ) * $11

= 1,500 * $11

= $16,500

D. Contribution margin in lay man's term.

Contribution margin is when a firm makes or produces a product and then sold it, the difference that is left after deducting variable costs(costs associated with the sales like cost of raw materials used in producing the product) from the the sales of such product is the contribution margin.

4 0
4 years ago
Rapier Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined ov
olga nikolaevna [1]

Answer:

The predetermined overhead rate based on hours at capacity is closest to: $20.10 per hour.

Explanation:

Predetermined Rate = Budgeted Fixed Overheads / Budgeted Activity

                                  = $ 3,819 /  190 hours

                                  = $20.10 per hour

4 0
3 years ago
Are liabilities debts or credits?
Olegator [25]
Credits.... is suitable ..hope it helped
4 0
4 years ago
Read 2 more answers
Most bands pursue a __________ style of subsistence economy.
AfilCa [17]
A foraging style of subsistence economy is what most bands pursue. The foraging method is primarily used when exploiting and utilising the various resources that can be found in the wild. One of the benefits, when the foraging method is used, is that the ability of the animals to survive most be improved.
8 0
3 years ago
Benefits of a better education include all of the following
levacccp [35]
The answer should be letter C.
7 0
4 years ago
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