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arlik [135]
3 years ago
6

A fancy steak house in a shopping mall offers a 20 percent discount to employees of other stores in the mall, provided that they

eat before 6:00pm or after 8:00pm.
(a) What is the likely explanation for this discount not being offered to everyone?

(b) Why is this discount restricted to particular hours?
Business
1 answer:
beks73 [17]3 years ago
6 0

Answers and explanations:

A) By choosing to attend workers from different stores in the same mall during a determined time frame, the steak house is segmenting its customers. The workers may have different consuming habits than regular customers of the restaurant. In that case, the restaurant can focus on developing an assistance method for the mall's workers and others for its regular consumers according to each one's needs.

B) The discount might be restricted to particular hours because from 06:00 p.m. until 08:00 p.m. is possible when the steak house receives more of its regular customers. They may be trying to give special attention to this type of clientele and that is why they are trying to promote other types of customers from the store to visit the steak house but in different schedules.

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8 0
1 year ago
All over-the-counter receipts are entered in cash registers.
Anna71 [15]

Answer:

(a) Physical controls

(b) Human resource controls

(c) Independent internal verification

(d) Segregation of duties

(e) Establishment of responsibility

Explanation:

(a) All over-the-counter receipts are entered in cash registers. That is an example of the physical controls principle.

(b) All cashiers are bonded. That is an example of the human resource controls principle.

(c) Daily cash counts are made by cashier department supervisors. That is an example of the independent internal verification principle.

(d) The duties of receiving cash, recording cash, and having custody of cash are assigned to different individuals. That is an example of the segregation of duties principle.

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4 0
3 years ago
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One of the most important features of a filing and record keeping system is that it works for you and meets your needs true or f
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Answer:

True

Explanation:

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3 years ago
Columbia Products produced and sold 1,400 units of the company’s only product in March. You have collected the following infor
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The computation of the following costs by Columbia Products is as follows:

a. Variable manufacturing cost per unit is $64.

b. Full cost per unit is $96, including manufacturing and marketing and administrative costs.

c. The variable cost per unit is $68.

<h3>Data and Calculations:</h3>

Production and sales units in March = 1,400 units

Sales price (per unit) = $129

<h3>Manufacturing costs: </h3>

Fixed overhead (for the month) = $16,800

Direct labor (per unit) =              $7

Direct materials (per unit)          31

Variable overhead (per unit)    26

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The Fixed cost per unit = $12 ($16,800/1,400)

The total manufacturing cost per unit = $76 ($64 + $12)

<h3>Marketing and administrative costs: </h3>

Fixed costs (for the month) = $22,400

Variable costs (per unit)  = $4

Fixed costs per unit =        $16 ($22,400/1,400)

The total marketing and administrative costs per unit = $20 ($4 + $16)

Full cost per unit = $96 ($76 + $20)

Variable cost per unit = $68 ($64 + $4)

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Answer:

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b

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