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adell [148]
2 years ago
10

A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for simil

ar dishes at the other restaurants. What type of menu pricing tactic is he using
Business
2 answers:
Ann [662]2 years ago
8 0

Answer:

Nonstructured pricing

Explanation:

Nonstructured pricing is also called copy cat method of pricing and involves a pricing that is based on prices charged by similar businesses for a product or service. The business copy cats the prices of competitors. On the other hand structured pricing is done based on the firm's internal determination of the value of a product.

A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for similar dishes at the other restaurants. He is using no structured pricing.

hjlf2 years ago
6 0

Answer:

Nonstructured pricing

Explanation:

Nonstructured pricing is a type of pricing where price is based on competitors price.

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In step four of the PACED process, you should enter the alternatives and criteria into a _____.
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Explanation:

P= Step 1: Define the Problem

5 0
3 years ago
Read 2 more answers
SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year,
velikii [3]

Answer:

a.

March 9

Dr Treasury Stock - Common stock            456,000

Cr Cash                                                         456,000

( to record the reacquired of 12,000 common stock at $38 each)

June 9

Dr Cash                                                     311,600

Cr Treasury stock                                     288,800

Cr Paid-in capital                                       22,800

( to record the sell of 7,600 reacquired common stocks at $41 each)

November 13

Dr Cash                                                     118,900

Cr Treasury stock                                    110,200

Cr Paid-in capital                                       8,700

( to record the sell of 2,900 reacquired common stocks at $41 each)

b.

The balance of paid-in capital from sales of treasury stock = 8,700 + 22,800 = 31,500 Credit

Explanation:

Calculation notes:

a.

March 9: The cash spent on reacquired common stock = 12,000 x 38 = $456,000

June 9: Cash receipt on sell of treasury common stock = 7,600 x 41 = 311,600; which will Credited $288,800 into Treasury stock account ( 38 x 7,600) and Credited $22,800 ( (41-38) x 7,600) into Paid-in capital account.

Nov 13 : Cash receipt on sell of treasury common stock = 2,900 x 41 = 118,900; which will Credited $110,200 into Treasury stock account ( 38 x 2,900) and Credited $8,700 ( (41-38) x 2,900) into Paid-in capital account.

b. Calculation is shown above

3 0
3 years ago
If sales are $803,000, variable costs are 66% of sales, and operating income is $262,000, what is the contribution margin ratio
vfiekz [6]

Answer:

34%

Explanation:

The formula to calculate the contribution margin ratio is:

Contribution margin ratio= (Sales – variable expenses)/sales

Sales=$803,000

Variable expenses=$803,000*66%=$529,980

Now, you can replace the values:

Contribution margin ratio=($803,000-$529,980)/$803,000

Contribution margin ratio=0.34

According to this, the answer is that the contribution margin ratio is 34%.

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3 years ago
Many external costs occur because
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the Answer Is C , not sure if this is 100% correct

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Understanding the cost of partially completed goods allows the manufacturer to: Multiple choice question. measure the number of
elena-14-01-66 [18.8K]

Answer:

measure production activity for the period

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I got this right

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