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4 years ago

In which stage of the product life cycle is the smashburger restaurantâ€‹ concept?

1 answer:

5 0

Smashburger Restaurant Concept is under the stage of GROWTH in product life cycle. They already have 370 corporate and franchise outlet all over the world which operates in 9 different countries. It is the stage wherein they are still expanding and the income is still growing.

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The company budgeted for production of 2,400 units in June, but actual production was 2,500 units. The company used 19,850 pound

horsena [70]

Answer:

d. $40 F

Explanation:

Calculation to determine what The variable overhead efficiency variance for June is

First step is to calculate the SH

SH = 2,500 units × 0.4 hour per unit

SH= 1,000 hours

Now let calculate the Variable overhead efficiency variance

Using this formula

Variable overhead efficiency variance = (AH - SH) × SR

Let plug in the formula

Variable overhead efficiency variance= (980 hours - 1,000 hours) × $2 per hour= (-20 hours) × $2 per hour

Variable overhead efficiency variance= $40 F

Therefore Variable overhead efficiency variance is $40 F

8 0

3 years ago

Choose the appropriate stage of the venture life cycle in which the following activities would occur.

Aleksandr [31]

Answer:

Transition from one-person leadership to team management leadership - Growth
New-product development - Innovation or decline
Search for capital - Start-up
Increased competition - Stabilization
Venture assessment - New-Venture Development
Attempts to acquire other firms - Innovation or decline
Consumer indifference to the entrepreneur's goods or services - Stablization
Accumulation of resources - New-Venture Development
Major changes in entrepreneurial strategy - Growth
Development of an effective entrepreneurial team - Start-up

7 0

3 years ago

If you borrow $1500 with a compounding interest rate of 8% for 2 years, that compounds semi-annually. How much will you pay back

mestny [16]

Answer:

1740

Explanation:

1500(1+ $\frac{8}{100}$ )^2

1500*( $\frac{27}{25}$ )^2

= 1749.6

4 0

2 years ago

Yeâ€™ Olde Barrel Shop sells oak barrels to a local winery. The Master Cooper would like to reduce her oak lumber inventory by d

mihalych1998 [28]

Answer:

The EOQ is 642

The reorder point is 2,699

Explanation:

In order to calculate the EOQ we would have to calculate the following formila:

EOQ=√2DS/H

According to the given data we have the following:

D = 55,000

S = 21

H=40%*purchase cost

H=0.4*14 = 5.6

Therefore, EOQ=√(2*55,000*21)/5.6

EOQ=642

To calculate the reorder point If a service level of 98% is desired during the reorder interval, we would have to use the following formula:

reorder point=dL+z√σ∧2dL+σ∧2Ld∧2

reorder point=(7*205.22)+√(2.05*√(5∧2*7)+(3∧2*205.22∧2)

reorder point=2,699

7 0

3 years ago

When information taken in through the senses is organized and understood, the process is referred to as _______?

eduard

<span>The process of perception is a way of creating a mental impression that allows a person to become aware, comprehend or analyze information. Through this process, a person generates their own thoughts, judgments, beliefs, ideas and estimations by using visual, audio, taste and sensory elements that they interact with</span>

5 0

3 years ago