1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Swisher, Incorporated reports the following annual cost data for its single product: Normal production level 30,000 units Direct
wlad13 [49]

Answer:

Profit decreases by $322,600

Explanation:

Normal production level = 30,000 units

Cost of direct material per unit =$6.40 , total cost = $6.40*30,000=$192,000

Cost of direct labor per unit =$3.93 , total cost =$3.93*30,000=$117,900

Variable over head cost per unit=$5.80, total cost =$5.80*30,000=$174000

Fixed overhead total cost = $150,000

Production cost with 30,000 units will be;

$192,000 + $117,900 + $174000 + $150,000 =$633900

Normal selling price of product  per unit = $48

Revenue after normal sell of 30,000 units $48 = 30,000*48=$1440000

Profit obtained : $806,100

Increasing the production to 50,000 units you can calculate the projected cost of production

New production level = 50,000 units

Cost of direct material per unit =$6.40 , total cost = $6.40*50,000=$320,000

Cost of direct labor per unit =$3.93 , total cost =$3.93*50,000=$196,500

Variable over head cost per unit=$5.80, total cost =$5.80*50,000=$290,000

Fixed overhead total cost = $150,000

Production cost with 30,000 units will be;

$320,000 + $196,500 + $290,000 + $150,000 =$956,500

Normal selling price of product  per unit = $48

Revenue after normal sell of 30,000 units $48 = 30,000*48=$1440000

Profit obtained =$483,500

Decreased in profit = $806100-$483500 =$322,600

4 0
4 years ago
A logistics manager ordering parts wants to choose a mode of transportation
Pavlova-9 [17]

Answer:

ships

Explanation:

7 0
4 years ago
A form of foreign direct investment, where a domestic company purchases a company in a foreign country to produce a similar prod
Sergio [31]

Answer:

c. foreign subsidiary

Explanation:

Foreign subsidiary -

It refers to a company which is partially or completely , part of some large firm , whose main office is located in some other country , is referred to as a foreign subsidiary .

It is a form of foreign direct investment method , where a company purchases any other company , where the company supposed to manufacture , sell or produce the same type of goods and services .

Hence, from the given information of the question,

The correct option is c. foreign subsidiary .

5 0
3 years ago
The degree of operating leverage can be measured by​ ________. A. multiplying the contribution margin by sales revenue B. dividi
Varvara68 [4.7K]

Answer:

Option C is the answer

Explanation:

The degree of operating leverage is measured by dividing the contribution margin by operating income.

The degree of operating leverage (DOL) is the ratio of contribution margin to operating income. It measures how much the operating income of a company will change in response to a change in sales. A Companies that have higher proportion of fixed costs to variable cost will have greater levels of operating leverage.

4 0
3 years ago
Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants p
Lunna [17]

Answer:

1. Overheads rate per activity

Setup = $4,100 per setup

Machining = $120 per machine hour

Engineering = $60 per engineering hour

Packing = $0.30 per packing order

2. Cost per unit

Deluxe = $162.60

Normal = $53.675

Explanation:

As for the provided information:

We have,

Different activities as follows:

Setups = $2,050,000

Total setups = 300 + 200 = 500

Rate = $2,050,000/500 = $4,100 per setup

Machining = $48,000,000

Total machine hours = 100,000 + 300,000 = 400,000

Machine hour rate = $48,000,000/400,000 = $120 per machine hour

Engineering = $9,000,000

Total engineering hours = 50,000 + 100,000 = 150,000

Rate per hour = $9,000,000/150,000 = $60 per hour

Packing = $150,000

Packing orders = 100,000 + 400,000 = 500,000

Rate per hour = $150,000/500,000 = $0.30 per order

2. Calculating per product cost

Particulars              Deluxe                 Normal

Setup Cost

In 3:2 ratio            $1,230,000              $820,000

Machining Cost

In 1:3 ratio             $12,000,000          $36,000,000

Engineering cost

In 1:2 ratio            $3,000,000               $6,000,000

Packing Cost

In 1:4 Ratio             $30,000                  $120,000

Therefore total cost for each printer

                              $16,260,000           $42,940,000

Number of units         100,000              800,000

<u>Cost per unit               $162.60             $53.675</u>

5 0
3 years ago
Other questions:
  • Decide which account is best for each person. Becky wants an account that will let her spend her money as much and as often as s
    12·2 answers
  • Autumn, a manager for Shine Cosmetics, has just been given a report showing sales in her region are lower than anticipated for t
    13·1 answer
  • A financially-responsible person reacts quickly to problems. True or False
    6·2 answers
  • Outline the benefit of running a business
    12·2 answers
  • Indicate which of the functions of money (a medium of exchange, a unit of account, and a store of value) each of the following p
    12·1 answer
  • Perez, in recently completed 56,000 units of a product that was expected to consume four pounds of direct material per finished
    10·1 answer
  • Susan started a cake decorating business that failed. She is convinced that she lacked the necessary funds to promote her busine
    12·1 answer
  • Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to
    13·1 answer
  • Kim-Lee founded a software development company at the age of 27. Over time, he developed the company into a multibillion-dollar
    14·1 answer
  • Lord SR, Ward JA, Williams P, Anstey K. An epidemiological study of falls in older community-dwelling women: the Randwich falls
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!