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Alenkinab [10]
3 years ago
15

Andrew owns a popular, but expensive Chinese restaurant. In order to introduce more people to his brand, he offers a series of o

ne-time "taste fairs" in which he brings his recipes to a locally sponsored event. Customers are able to pay modest amounts for small servings of his creations while not paying for the ambiance of the famous restaurant. What need is Andrew addressing?
the restaurant’s lack of customers
customers’ lack of money
customers’ lack of time
the customers’ lack of access
Business
1 answer:
lana66690 [7]3 years ago
3 0

Answer: <em>customers' lack of money </em>

Explanation:

Here, in this particular case we can state that the restaurateur Andrew who owns and run a popular contemporary but expensive Chinese restaurant is addressing the fact that customer's lack money. The fact in this particular case is that consumers are willing to pay a modest amounts for the small amount of food being served while in contrast not paying for the "atmosphere" of his restaurant.

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Stahl inc. produces three separate products from a common process costing $100,000. each of the products can be sold at the spli
BartSMP [9]

Answer:

a. Computation of total Net Income if all products are sold at split-off point

 Sales : Product 10               $60,000

              product 12                15,000

              product 14             <u>   55,000</u>

                                                130,000

Common processsing cost   <u> (100,000)</u>

Net income                              <u>  30,000</u>

<u />

b. Computation of Net Income if all produts are sold after proccessing further

 sales : Product 10                        $190,000

              product 12                         35,000

              product 14                         215,000

                                                     <u>  440,000</u>

Cost  :

Common cost        100,000

futher processing:

Product 10              100,000

product 12                30,000

product 14              <u>150,000  </u>         <u> (380,000)</u>

Net Income                                     <u>  60,000 </u>

<u />

c. Using Incremental Analysis

                                              prodcut 10            product 12             product 14

Increase in sales revenue   $130,000               $20,000                $160,000

further processing cost           <u> (100,000)</u>          <u>(30,000) </u>                <u>(150,000) </u>  

Incremental revenue              <u>  30,000 </u>            <u>  (10,000) </u>                 <u>10,000  </u><u>  </u>

<em>product 12 should not be processed further because it will bring  loss to the company. </em>

d.    <u>Computation of Net Income based on the "c" above result </u>

Sales : Product 10                                  $190,000

           product 12                                     15,000

         product 14                                     <u>215,000</u>

                                                               420,000

cost:

common cost                       100,000

further processing cost :

product 10                            100,000

product 14                             <u> 150,000 </u> <u>  350,000</u>

Net Income                                             <u>  70,000</u>

Explanation:

5 0
3 years ago
Bill Converse of Rexburg, Idaho, recently had his truck slide off a gravel road and strike a tree. Bill's vehicle suffered $17,2
algol13

Answer:

17400

Explanation:

Bill will be reimbursed $17,400; $17,600 minus the $200 deductible.

4 0
3 years ago
A source document should always do which of the following?
solniwko [45]

Answer:

record the date of the transaction

Explanation:

A pex

6 0
3 years ago
An arizona student claims to have spotted a ufo over the desert outside of tucson. how will his claim affect the supply (not the
Elena-2011 [213]
The supply would unlikely change. Although, the quantity supplied has a higher chance of responding to higher price for binoculars. Therefore, there would be a chance of increase in demand for binoculars which increases the selling price.
4 0
3 years ago
Bateman Corporation sold an office building that it used in its business for $800,750. Bateman bought the building 10 years ago
kumpel [21]

Answer:

Bateman Corporation

a. The amount of the gain = $402,250.

b. The character of the gain is long-term capital gain.

Explanation:

a) Data and Calculations:

Sale proceeds from office building = $800,750

Purchase cost of building = $599,625

Period of building before sale = 10 years

Depreciation claimed on building = $201,125

Net book value of building = $398,500 ($599,625 - $201,125)

Capital gain on sale of building = $402,250 ($800,750 - $398,500)

b) Bateman Corporation will record a capital gain of $402,250.  This is the difference between the sale proceeds from the building and the net book value of the building after deducting the depreciation expenses claimed on the building.  It is a long-term capital gain, which is taxed under the reduced rate.

6 0
3 years ago
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