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nasty-shy [4]
4 years ago
10

Derek owns and runs a local motel, Sleep Away. He has just rented a billboard that says: "If your home is too far away, come Sle

ep Away, where there is always a comfortable bed, a hot meal, and a friendly face at a price that won't keep you up at night!" This statement is Sleep Away's
goal.objective.strategic plan.mission.operational plan.
Business
1 answer:
True [87]4 years ago
4 0

Answer: Strategic plan    

           

Explanation: In simple words, refers to the plan that helps an organisation to direct its operation for the maximum benefit. It focuses on how to attain objectives rather than what to attain. It determines the factors that are important for achieving goals and the steps that one has to take.

In the given case, the hotel is offering their customers several facilities so they can enjoy a healthy service.

Thus, we can conclude that the correct option is strategic plan.

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Chilton, Inc. sold 11,900 units last year for $20 each. Variable costs per unit were $3.00 for direct materials, $2.60 for direc
kvasek [131]

Answer:

a. Total contribution margin is $140,420.00

b. Unit contribution margin is $11.80

c. Contribution margin ratio is 0.59.

Explanation:

a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.)

Sales revenue = 11,900 × $20 = $238,000

Total variable cost = (11,900 × $3) + (11,900 × $2.6) + (11,900 × $2.6) = $97,580

Total contribution margin = $238,000 - $97,580 = $140,420.00

b. What is the unit contribution margin?

Unit contribution margin = Total contribution margin ÷ Units sold = $140,420.00 ÷ 11,900 = $11.80

c. What is the contribution margin ratio? (Round your intermediate calculations and final answer to 2 decimal places.)

Contribution margin ratio = Unit contribution margin ÷ Unit selling price = $11.80/20.00 = 0.59.

7 0
3 years ago
2) Manufacturing overhead includes: A) all direct material, direct labor and administrative costs. B) all manufacturing costs ex
melisa1 [442]

<u>Answer: </u>Option C

<u>Explanation:</u>

Manufacturing costs are the costs which are involved in the production of the goods. It excludes the direct materials and the direct labor as these factors are not only factors of production but used for other work in the organisation.

The indirect materials used are also included in this overhead which cannot be traced easily. Some of the manufacturing costs are maintenance, repairs on production, heat light, property tax, depreciation and insurance on manufacturing facilities. These costs are also called as factory overhead and factory burden.

6 0
3 years ago
When an employee is paid biweekly this means..."
denis23 [38]

Answer:

every 2 weeks

Explanation:

done,produced or occurring every 2 weeks

8 0
3 years ago
Insurance Reading Quiz
Anestetic [448]

Answer:

The lower the premium

Explanation:

3 0
4 years ago
There was a tremendous drought in California, where the majority of lettuce is grown for the United States. Lettuce is vitally n
kari74 [83]

Answer:

There was a tremendous drought in California, where the majority of lettuce is grown for the United States. Lettuce is vitally needed to make delicious tacos for Taco Tuesday. As a result of the drought, the price of lettuce used to produce tacos doubles.People get tired of eating tacos on Tuesday and switch to eating lasagna. What happens to lettuce in the short term? reduction in demand and supply which affects the price, such inflation of price would reduce the demand

Explanation:

5 0
3 years ago
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