Answer:
Pam and Lenny's Ice Cream Shop
a. The effect of the promotion on operating income for the second week of February is an increase by $350.
b. The promotion should occur. The shop will make additional operating income of $350 within the second week. And there will be spillover positive effects during the coming weeks after the promotion.
Explanation:
a) Data and Calculations:
Selling price per cone of ice cream = $1.60
Variable expenses = $0.35
Contribution = $1.25
Fixed costs per month = $2,200
Additional sales from the promotion = 650 cones
Revenue from additional sales = $1,040.00 ($1.60 * 650)
Variable cost 227.50 ($0.35 * 650)
Cost of promotions:
Giveaways 297.50 ($0.35 * 850)
Advertising costs 165.00
Total costs $690.00
Additional income $350.00
Answer:
The correct answer is letter "C": The employee whose performance was appraised may develop a deflated ego.
Explanation:
Appraisal interviews are conducted to discuss the performance of employees. The company sets a standard of how the duties of workers must be developed and employees are evaluated based on those guidelines. The closer the employee method or woking is to the company's standards, the possibilities of scoring higher increase.
However, not all employees end up with a good score after appraisals. <em>Those who are provided with negative notes typically develop a deflated ego since their performance was qualified as lacking. Managers must follow up on these workers to make sure they are not discouraged and that they accomplish the objectives their roles demand.</em>
An organization's culture can be changed when managers pay attention to which <u>stories</u> are used as narratives to symbolize the organization's vision and values to employees.
<h3>Who is a manager?</h3>
A manager refers to an individual who is saddled with the responsibility of providing support, guidance, administrative control, supervision, as well as acting as a role model (example) to the employees working in an organization especially by being morally upright and promoting the organization's culture, vison, and values at all times.
This ultimately implies that, an organization's culture can be changed when managers pay attention to which <u>stories</u> are used as narratives to symbolize the organization's vision and values to employees.
Read more on managers here: brainly.com/question/24553900
Answer:
$8.20 per pound
Explanation:
The computation of the actual price per pound is shown below:
Material price variance = (Standard price per pound - Actual price per pound) × Actual quantity purchased
-$7,000 = ($8.00 - Actual price per pound) × 35,000
$8.00 - Actual price per pound = -$7,000 ÷ 35,000
Actual price per pound = $8.20 per pound
Hence, the actual price per pound is $8.20 per pound
We simply applied the above formula so that the correct value could come
And, the same is to be considered
