First of all, the fixed expenses will be calculated -
Profit = (Sales * Contribution Margin) - Fixed expenses
Loss = $ 39,000, Sales = $ 870,000 and Contribution margin = 40 %
Using the equity of Profit -
- $ 39,000 = ( $ 870,000 * 40 %) - Fixed expenses
Fixed Expenses = $ 348,000 + $ 39,000 = $ 387,000
Now, Break-even point will be calculated as -
Break-even point = Fixed cost ÷ Contribution Margin
Break-even point = $ 387,000 ÷ 40 % = $ 967,500
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Answer:
a. Whataburger is not using the optimal cost-minimizaing mix of cashier and kiosks.
b. Whataburger should hire more cashier and rent fewer kiosks in order to improve its mix of inputs and minimize the cost
Explanation:
a. According to the given data we have the following:
Let "C" is a cashier.
"K" is a kiosk
MPC = 48 (Marginal Product of Cashier)
MPK = 32 (Marginal Product of Kiosk)
PC = $15 (cashier can be hired for a wage of $15)
PK = $12 (Kiosk rents for $12)
At optimal cost minimization point, (MPC / MPK) = (PC / PK)
(MPC / PC) = (MPK / PK)
(MPC / PC) = (48 / 15) = 3.2
(MPK / PK) = (32 / 12) = 2.67
Since the (MPC / PC) and (MPK / PK) is not equal. It implies Whataburger is not using the optimal cost-minimizaing mix of cashier and kiosks.
b. We have to use the following:
(MPC / PC) > (MPK / PK)
i.e., 3.2 > 2.67
It means Whataburger hire more cashier and rent fewer kiosks in order to improve its mix of inputs and minimize the cost.
Pleistocene is the subdivision of geologic time that does not belong with the others.
The Pleistocene period is referred to as a geologic time period which includes the last ice age, when glaciers covered huge parts of the globe. During the Pleistocene the most recent episodes of global cooling, or ice ages, took place.
Pleistocene period was also characterized by the presence of distinctive birds and the large land mammals. During the Pleistocene period, mountain glaciers formed on all the continents and vast glaciers.
Thus, Pleistocene is known to be the subdivision of geologic time which does not belong with the others.
Hence, option C is correct.
To learn more about Pleistocene here:
brainly.com/question/28102167
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Answer:
moderate control
Explanation:
Forsyth describes the task-relationship framework as "a concise management model that emphasizes that these leadership activities can be categorized as performance management or maintenance of relationships.
Task-oriented (or task-focused) leadership refers to a strategic approach in which the chief emphasizes on the activities which need to be completed to reach certain objectives or to obtain the certain level of success. Thus, this approach is best where the leader asserts moderate level of control over their subordinates.
