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vodka [1.7K]
3 years ago
14

How does panera bread attract customers? why do customers not mind paying more for panera bread's food?

Business
2 answers:
ahrayia [7]3 years ago
5 0

Explanation:

Panera Bread is an American Bakery and cafe store which serves the bakery items, fast food items, and casual restaurant foods to its customers. It has more than two thousand branches in America and Canada. The good, clean warm food attracts thousands of customers to its different branches on daily basis. The environment is so welcoming and pleasant that people are more attracted towards them. Besides these things, they also have a very competitive marketing strategies like making big budget commercials, displaying hoardings, billboards and the use of celebrities to attract the vast pool of people to their stores. Due to such factors, people are usually ready to pay more for the Panera bread's food. The itself is no doubt delicious, plus the environment of the cafe makes it more attractive for the customers.  

tigry1 [53]3 years ago
4 0
I think it's that their commercials attact people with their food and the famous people using the food to hype it
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Allocating Joint Costs Using the Net Realizable Value Method
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Answer:

Allocating Joint Costs Using the Net Realizable Value Method

1. Joint Cost

Grades Allocation

L-Ten   $1,850

Triol      6,569

Pioze     3,881

Total $12,300

2. Joint Cost

Grades Allocation

L-Ten   $2,112

Triol      5,756

Pioze    4,432

Total $12,300

Explanation:

a) Data and Calculations:

Cost of each production run = $12,300

Product    Gallons  Further Processing     Eventual Market   Net Realizable

                                Cost per Gallon          Price per Gallon         Value

L-Ten          3,200              $0.70                       $2.10                $4,480

Triol            3,700                  1.10                         5.40                 15,910

Pioze         2,000                  1.50                        6.20                  9,400

Total          8,900                                                                      $29,790

Allocation of join cost:

L-Ten = $4,480/$29,790 * $12,300 = $1,850

Triol = $15,910/$29,790 * $12,300 = $6,569

Pioze = $9,400/$29,790 * $12,300 = $3,881

Product    Gallons  Further Processing     Eventual Market   Net Realizable

                                Cost per Gallon          Price per Gallon         Value

L-Ten          3,200              $0.70                       $2.10                $4,480

Triol            3,700                 2.10                         5.40                 12,210

Pioze         2,000                  1.50                        6.20                  9,400

Total          8,900                                                                      $26,090

Allocation of join cost:

L-Ten = $4,480/$26,090 * $12,300 = $2,112

Triol = $12,210/$26,090 * $12,300 = $5,756

Pioze = $9,400/$26,090 * $12,300 = $4,432

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