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3 years ago

15

At the luxury hotel in miami, florida, three hotel employees serve the needs of each guest. in every room, a guest can summon a

chef, a maid, or a valet by pressing a button at his/her bedside. which generic business-level strategy is the luxury hotel utilizing

1 answer:

finlep [7]3 years ago

8 0

Answer: The hotel is using differentiation strategy

Explanation:

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In a short essay What are advantages and disadvantages of competition for buyers and sellers?

DochEvi [55]

Answer:

Competition decreases your market share and shrinks your customer base, especially if demand for your products or services is limited from the start. A competitive market can also force you to lower your prices to stay competitive, decreasing your return on each item you produce and sell.

4 0

3 years ago

benjamin company has the following results of operations for the pat tyear. A foreign company (whose sales will not affect Benja

maks197457 [2]

Answer:

Increase by $5,975

Explanation:

Calculation to determine the profit

First step is to calculate the Direct Material and Direct labor per unit

Direct Material and Direct labor per unit=$100,000/16,000

Direct Material and Direct labor per unit=$6.25

Second step is to calculate the Relevant Variable Overhead

Relevant Variable Overhead = 20,000 * 20%

Relevant Variable Overhead= $4,000

Third step is to calculate the

Relevant Variable Cost per unit = $4,000 / 16,000

Relevant Variable Cost per unit= $0.25

Fourth step is to calculate the Total Relevant Variable cost per unit

Total Relevant Variable cost per unit = $6.25 + $0.25

Total Relevant Variable cost per unit= $6.5

Fifth step is to calculate the Relevant Contribution Margin per unit

Relevant Contribution Margin per unit = $8.05 - $6.5

Relevant Contribution Margin per unit= $1.55

Sixth step is to calculate the Total Contribution

Total Contribution = 4,500 * $1.55

Total Contribution= $6,975

Now let calculate the profit using this formula

Profit = Contribution - Fixed Cost

Let plug in the formula

Profit = $6,975 - $650 - $350

Profit = $5,975

Therefore If Benjamin accepts the offer, its profits will:Increase by $5,975

5 0

3 years ago

allatin County Motors Inc. assembles and sells snowmobile engines. The company began operations on July 1 and operated at 100% o

vodomira [7]

Answer:

Sales 2,600,000

Less Cost of Goods Sold

Opening Stock 0

Add Cost of Goods Manufactured

Direct materials 1,218,000

Direct labor 522,000

Variable factory overhead 87,000

Fixed factory overhead 130,500

Less Closing Stock (350×(1,957,500/4,350) (157,500) (1,800,000)

Gross Profit 800,000

Less Expenses

Selling and administrative expenses:

Variable selling and administrative expenses (60,000)

Fixed selling and administrative expenses (25,000)

Net Income 715,000

Explanation:

<em>Product Cost (Absorption Costing) = Direct Materials + Direct Labor + Variable Overhead + Fixed Overheads</em>

<em>Period Cost (Absorption Costing) = All Non- Manufacturing Overheads</em>

7 0

3 years ago

Imagine you are looking at a bottle of salad dressing containing oil, vinegar, and water. you notice that the oil sits on "top"

user100 [1]

The oil is denser
the water and vinegar are not as dense

4 0

4 years ago

On October 1st Joe charged $900 to his credit card, on October 10th he charged another $1,300 to his credit card, and on October

poizon [28]

Answer:

interest expense for October $ 27.25

Explanation:

900

+ 1,300 x 20/30

<u> + 100 x 15/30 </u>

1,816.67 average balance

Now we multiply this average balance by the interest rate of the credit card:

1,816.67 x 0.18/ 12 = 27.25

4 0

3 years ago