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
Musya8 [376]
4 years ago
10

Major E. has just opened a cooking school focusing on basic meals for new cooks. Each student pays $15 per class and receives al

l the ingredients necessary to prepare dinner using the recipes demonstrated in the class. Major’s cost to provide the ingredients is $6 per student for each class. Major employs two assistants and pays each of them $1,200 per month. Major’s monthly salary is $1,800. The depreciation on equipment is $1,000 per month and utilities and insurance are $240 per month. Next month, Major plans to earn net income of $1,760. How many students does Major plan to enroll next month?
Business
1 answer:
Shalnov [3]4 years ago
7 0

Answer:

It will need to collect 800`s $15 class

Assuming 4 clases per month

200 student

Explanation:

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

15 - 6 = <em>9 Contribution Margin</em>

<em />

<em>Fixed Cost</em>

2 employee 2,400

mayor salari 1,800

equipment dep 1,000

utilities 240

Total fixed 5,440

\frac{Fixed\:Cost + Target\: Profit}{Contribution \:Margin \:Ratio} = Sales\: to\: Profit{dollars}

(5,440+1,760)/9 = 800

You might be interested in
The generational group of managers that expect to give and get more feedback on their work are?
ElenaW [278]

The generational group of managers that expect to give and get more feedback on their work are Gen X; they focus on results more than hours

More about Gen X managers:

Although we don't hear much about Generation X these days, it was huge in the pre-Millennial era. Either you belonged to Generation X or you fit in with the crowd. Gen X managers are subtly replacing Boomers in management positions as they enter retirement.

A characteristic of Gen X managers is their drive for achievement, particularly financial success. Many members of Generation X are incredibly resourceful and motivated to succeed financially because they grew up seeing their parents struggle financially and have recently experienced their own.

Both Gen X managers and employees tend to favour less formal working arrangements that allow them to interact freely with both their superiors and the people they supervise.

Learn more about Gen X here:

brainly.com/question/3032727

#SPJ1

5 0
2 years ago
A change in which of the following will NOT shift the demand curve for hamburgers? the price of hot dogs the price of hamburgers
Arlecino [84]

Answer: The price of hamburgers

Explanation: Shift in demand curve refers to the situation when there is an increase or decrease in demand for a commodity, due to the factors other than change in price of that commodity. These factors include change in price of related goods, change in consumer preference or income etc.

Thus, from the above we can conclude that the right answer is price of hamburgers.

6 0
3 years ago
After all noncash assets have been converted to cash and all liabilities paid, A, B, and C have capital balances of $10,000 (deb
RUDIKE [14]

Answer:

The correct answer is True.

Explanation:

According to the nature of the equity accounts, a debit means a decrease in the balances generated within this item for the benefit of the members. On the contrary, a credit means that equity increases.

this reason, there is a total balance of capital for $ 15,000 and another for $ 25,000. If the balance of $ 25,000 is subtracted from $ 15,000, you have to:

Available cash = 25,000 - 15,000 = 10,000.

7 0
3 years ago
Who is james monroe?
SIZIF [17.4K]
He is one of the presidents

7 0
3 years ago
Read 2 more answers
Arguments against industrial policy include all of the following except Select one: a. foreign industrial policy success has bee
lakkis [162]
B) the need to rescue “sunset” industries, also if you search “ BUS 345: Chapter 11 MC” on quizlet it will give you all the answers on this!
5 0
2 years ago
Other questions:
  • Under what condition could a person have a lot of wealth but little income
    10·2 answers
  • After you arrive at your interview location, which action would best help you get ready for the interview?
    8·1 answer
  • A market in which there are an extremely large number of other firms producing the same product. a purely competitive market. a
    14·1 answer
  • What are each individual’s opportunity costs of producing fish and rabbit? Which person has an absolute advantage in producing f
    9·1 answer
  • 5. Describe a product you know of that has elastic demand. Why is the demand for this
    12·1 answer
  • When using a debit card to make purchases, you must be certain you:
    13·2 answers
  • Consider the following accounts (Click the icon to view the accounts.) Identify the financial statement (or statements) that eac
    9·1 answer
  • 11-25 The XYZ Block Company purchased a new office computer and other depreciable computer hardware for $4800. During the third
    6·1 answer
  • Which of the following aggregate planning strategies is known to lower employee morale? Group of answer choices back ordering du
    15·1 answer
  • Explain what the time period assumption means.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!