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Sholpan [36]
2 years ago
14

Which area should be of greatest concern to beverage managers when hosts or sponsors are charged per-person prices for open bars

?
Business
1 answer:
sattari [20]2 years ago
7 0

Based on the principles of management, the correct answer is when sponsors are charged per-person price

<h3>Charging sponsor per-person</h3>

  • The more the audience, the more the manager will have to charge for the sponsored event because the sponsor is being exposed to more people and would not want to disappoint.

Unlike charging host per person, all you need do is to get the number of invitees to determine price.

In conclusion, we can conclude that the correct answer is charging sponsor per-person.

Learn more about sponsor charging here:brainly.com/question/10157717

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g The company is deciding whether to drop product line Apple because it has an operating loss. Assuming fixed costs are unavoida
KIM [24]

Fruit Pie Inc. has three product lines—Strawberry, Cherry, and Apple. The following information is available:

                                         Strawberry     Cherry       Apple

Sales revenue                   $70,000​    $60,000​    $31,000​

Variable costs                    (20,000)     (15,000)     (11,000)

Contribution margin         $50,000​   $45,000​   $20,000

Fixed costs                        (20,000)       (5000)   (25,000)

Operating income (loss)  $30,000​  $40,000​      $(5000)

The company is deciding whether to drop product line Apple because it has an operating loss. Assuming fixed costs are unavoidable, if Berry Pie Inc. drops product line Apple and rents the space formerly used to produce product Apple for $20,000 per year, total operating income will be ________.

Group of answer choices

$25,000

$65,000

$11,000

$20,000

Answer:

Fruit Pie Inc.

Assuming fixed costs are unavoidable, if Berry Pie Inc. drops product line Apple and rents the space formerly used to produce product Apple for $20,000 per year, total operating income will be ________.

= $65,000.

Explanation:

a) Data and Calculations:

                                        Strawberry     Cherry       Apple

Sales revenue                   $70,000​    $60,000​    $31,000​

Variable costs                    (20,000)     (15,000)     (11,000)

Contribution margin         $50,000​   $45,000​   $20,000

Fixed costs                        (20,000)       (5000)   (25,000)

Operating income (loss)  $30,000​  $40,000​      $(5000)

Income Statement after the Elimination of Apple:

                                        Strawberry     Cherry    Total

Sales revenue                   $70,000​    $60,000​  $130,000

Variable costs                    (20,000)     (15,000)    (35,000)

Contribution margin         $50,000​   $45,000​    $95,000

Fixed costs                        (20,000)       (5000)    (25,000)

Fixed costs (Apple's)                                             (25,000)

Rent income                                                           20,000

Operating income (loss)  $30,000​   $40,000​)  $65,000

7 0
3 years ago
Flagler Corporation takes eight hours to complete the setup process for a certain electrical component, with the setup cost aver
marshall27 [118]

Answer:

The question is missing the below options:

$0.

$150.

$300.

$900.

$1,200.

The answer to the question is $300

Explanation:

In determining the amount of non-value adding cost,Flagler number of hours used in setup process is compared to that of its competitor.As a result of comparison, it came to light that Flagler used two more hours in setup process.

The extra hours do not necessarily make Flagler better,instead it makes worse off, as extra $300(2hrs*$150) would have to be incurred without any benefits derived.

This extra costs that do not make the organization better off and  do not add value,so it the non-value adding costs.

(8hrs-6hrs)*$150=$300

3 0
3 years ago
The recipe makes enough stew for 6 people, and the ingredients cost $9.75. how much would it cost to serve 24 people? use the ra
slamgirl [31]

In the second ratio, the number of people is the denominator. It should be the numerator to match the first ratio.

3 0
3 years ago
Read 2 more answers
As a brand new employee, John received a handbook during orientation to help him understand the corporate culture of the firm. T
Paha777 [63]

Answer:

help

Explanation:

3 0
3 years ago
The marginal propensity to consume is the: A. amount by which disposable income increases when consumption increases by $1. B. a
siniylev [52]

Answer:

B. amount by which consumption increases when disposable income increases by $1

Explanation:

As people has an archetypical choise betwene consume(use) or save (don't use) their income. Economics state there is a marginal prpensity in the agent to consume while other save but of these add to 1 as both options add to the entire income.

hus when income increase by $1 the marginal propensity to consume are the cent used while marginal propensity to save are the cent which are not used.

6 0
3 years ago
Read 2 more answers
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