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
aniked [119]
3 years ago
12

A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the

concessions 50/50 with the city but keeps all the revenue from ticket sales. The city charges the team $100 each month for the three-month season. The team pays the players and manager a total of $1000 each month. The team charges $10 for each ticket, and the average customer spends $8 at the concession stand. Attendance averages 30 people at each home game.
The team earns $_________in revenue for each game and $_________ revenue each season. With total costs of $_________ each season, the team finishes the season with $_________ of profit.
Business
1 answer:
kogti [31]3 years ago
6 0

Answer and Explanation:

The computation is shown below:

The revenue earned by team for each game is

= $10 + 50% of $8

= $10 + 4

= $14

Now the revenue for each session is

= $14 × 30 PEOPLE × 6 games

= $2,520

The total cost would be

= $100 × 3 + $1,000 × 3

= $300 + $3,000

= $3,300

And, the team would finished the season for profit of

= Revenue - cost

= $2,520 - $3,300

= $780 loss

You might be interested in
A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 25% wt
Oksana_A [137]

Answer:

The productivity increase by 48.83%

Explanation:

old

60 units for 5 workers

5 x $12 = 60

material $16 x 60 = 960

overhead: 60 x 1.6 = 96

total revenue 60 x 31 =  1,860

total cosT: 60 + 960 + 96 = 1,116

productivity index_ 1,860 / 1,116 = 1,667

<em><u>now:</u></em>

output 60 + 25% = 75 units

6 workers x $12 = $72

materials $10 x 75 units = $750

overhead: $72 x 1.6 = $115.2

total revneue 75 units x $31 = 2,325

total cost: 75 + 750 + 115.2 = 940.2

productivity index_ 2,325 / 940.2 = 2,4728

percentage of improvement: ( it is calculate like a return on investment)

(2.4728 - 1.667) / 1.667 = 0.4883 = 48.83%

5 0
3 years ago
Give an example of one good or service produced in the United States using the command model. Justify your example using content
Ymorist [56]

What poster are you referring to? There’s nothing there but the question

5 0
3 years ago
If an agreement does not contain an arbitration clause, the parties may, nevertheless, agree to arbitration by entering into a _
juin [17]
Entering into an Alternative Dispute Resolution (ADR) agreement.

Alternative Dispute Resolution is very much akin to arbitration in which the parties that are agreeing to surrender their rights to access the judicial system in a civil court that enables a party to bring a lawsuit against another party that is in said agreement.
7 0
3 years ago
Misaki, a sales manager at a startup cosmetics company, wants to determine her company’s market potential. She first develops a
Viefleur [7K]

The type of approach Misaki is using to determine her company's market potential is the breakdown approach, used to determine the size of sales forces needed in a company.

<h3 /><h3>Breakdown approach</h3>

Corresponds to a method used to identify an organization's sales force, through projections for future sales and past sales history.

Therefore, in the breakdown approach, the total sales value identified by the sales projection is divided by the sales generated by each sales professional, assuming that each one reaches the same level of productivity.

The correct answer is:

  • Breakdown approach

Find out more information about breakdown approach here:

brainly.com/question/5775960

6 0
2 years ago
If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation?
Elenna [48]
C. Future value of a series of deposits

It is not B, because although Future Value of a Single Amount (FV) is similar, it is only when you deposit a certain amount one time and let it grow in value. 
Your question says they deposit money more than once, so it is C.
5 0
3 years ago
Read 2 more answers
Other questions:
  • You can optimize your search results on the web by __________. sticking to your topic and resisting distractions all of the abov
    8·2 answers
  • Johnny Appleseed and Company ships all of the apples from its orchards in the Pacific Northwest to a single buyer in Japan. The
    10·1 answer
  • On July 10, Pet Supply Store orders fifty small dog collars from Quality Collars, Inc. to be delivered by July 15. On July 13, Q
    9·2 answers
  • A common carrier bailee generally would avoid liability for loss of goods entrusted to its care if the goods area. Stolen by an
    5·1 answer
  • According to the textbook readings, gross margin results from _____________ 1) Subtracting expenses from profit 2) Subtracting e
    12·2 answers
  • Which one of the following is least apt to help convince managers to work in the best interest of the stockholders? Assume there
    14·1 answer
  • Many experts say that the most distinctive skill a professional marketer might have is the ability to build and manage a​ ______
    15·1 answer
  • John Williams, manager of Phoenix Entertainment, wants to compute the variable overhead efficiency variance for the year. He has
    9·1 answer
  • Which of the following best helps a company move toward achieving its
    12·1 answer
  • Timothy purchased a new computer for his consulting practice on October 15 th of the current year. The basis of the computer was
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!