As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far:
Last year’s manager, Jim Freeland, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $250.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $250.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $50.00 for each booth per night, is also a fixed cost.
a) What is the break-even volume per evening performance?
b) How much wine would you expect to sell each evening at the break-even point?
Smith Motors Inc. manufactures, distributes, and services automotive parts and engines worldwide. Smith's income statement for the year just ending is shown below. Assume...Jun 18 2021
If the stock split three for two during the yearThe number of shares is 6000000 and the price is 10$ before the split.How the number of shares and price will change after...Aug 30 2020
A foreign currency ________ gives the purchaser the right, not the obligation, to buy a given amount of foreign exchange at a fixed price per unit for a specified perio...Apr 19 2021
On October 1, 20X7, XYZ Co. paid $108,000 for insurance for the next 12 months (from October 1, 20X7 through September 30, 20X8), initially recording the entire insurance...Jul 14 2021
Minimum Contacts.Seal Polymer Industries sold two freight containers of latex gloves to Med-Express, Inc., a company based in North Carolina. When Med-Express failed to p...Jul 28 2021
LEASE FINANCING : QUESTION The Hypothetical Ltd is contemplating to have an access to a machine for a period of 5 years. Discussions with various financial institutions h...Apr 30 2020
Prad Kumar and Carol Grigg have operated a successful firm for many years, sharing net income and net losses equally. Sara Culver is to be admitted to the partnership on ...Jul 14 2020
If the interest rate is 10 percent, then the future value in 2 years of $100 today isa. $80.b. $83.c. $120.d. $121.Jul 16 2021
A binding site for RNA polymerase is called a ________.a. geneb. promoterc. codond. proteinJun 03 2021
How many hydrogen bonds can form between a single water molecule and other water molecules?Jun 29 2021