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Fed [463]
3 years ago
5

Describe three different expenses associated with restaurants. Choose one of these expenses, and discuss how a manager could han

dle this expense.
Business
1 answer:
KIM [24]3 years ago
3 0

The correct answer to this open question is the following.

Describe three different expenses associated with restaurants. Choose one of these expenses, and discuss how a manager could handle this expense.

1.- The food that is going to be cooked and served.

This is the meat, fish, pasta, vegetables, condiments, and everything necessary to cook the food.

2.- The salaries of the employees.

This is the money the restaurant has to pay to its employees such as the chef, the cook, the waiters, and so on.

3.- Marketing and other promotions.

The money allocated to invest in marketing promotions and other promotions to attract new customers to the restaurant.

I am going to choose this last one. I would invite the manager of the restaurant to consider the following.

The manager should not invest in general marketing campaigns. He has to focus on segmentation. What is his segment. Who its clients are. Where they live. The manager should focus on target the necessities of that specific segment and offer valued promotions.

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4 0
3 years ago
Beech Company produces a single product. The company has 50,000 units in its beginning inventory. Beech's variable production co
sdas [7]

Answer:

Closing inventory = 54,000 units

Explanation:

<em>The difference between profit under variable costing and under absorption costing is simply the value of the change in inventory.</em>

<em>Usually, a decrease in inventory would cause profit under absorption costing to be lower . This is so because cost of goods sold would become higher leading to a lower profit</em>

Difference in profit = POAR × change inventory

POAR- fixed overhead cost per unit- $10,

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let the change inventory be y

120,000 = 30 ×   y

y= 120,000/30

y = 4000 units

Inventory at the end = opening inventory  + change inventory

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                               = 54,000 units

<em>Note; An increase in inventory will produce a higher profit using absorption costing. Hence, we added the change inventory to the opening inventory, to reflect an increase in inventory</em>

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3 years ago
marginal cost _____ over the range of increasing marginal returns and _____ over the range of diminishing marginal returns.
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Answer:

1 money

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2 years ago
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