Answer:
Number of meals = 100
Explanation:
The amount that the restaurant plan to spend on ads = $1000
The average selling price of meal = $10
The cost of food is = 30%
At breakeven, the total revenue is equal to total cost.
Total cost of advertsing = total revenue
So, the number of meals = $1000 / 10 = 100
Answer:
The correct answer is letter "A": analyzing potential mergers.
Explanation:
Operations managers are those in charge of planning, studying, and analyzing all the steps regarding the processes of production of a company. They supervise if the companies have enough raw materials for manufacturing, organize the labor responsible for the production, and evaluate any problem born because of the operational activities of the business.
<em>Analyzing potential mergers is an event likely to be evaluated by the Chief Executive Officer (CEO) of a firm along with the Board of Directors</em>.
Answer:
Absorption costing unit product cost $240
Explanation:
The computation of the absorption costing unit product cost is shown below/;
Direct materials $131
Direct labor $65
Variable manufacturing overhead $12
Fixed manufacturing overhead cost $32 ($118,400 ÷ 3,700)
Absorption costing unit product cost $240
Answer: $910,000
Explanation:
Pension expense is calculated by the formula:
= Prior Service cost for the year+ Service cost + Interest cost - Expected return on plant assets
Prior Service cost = Prior service cost / Service life of active employees
= 8,000,000 / 20
= $400,000
Expected return on plan assets = Plan assets * Interest rate
= 1,500,000 * 10%
= $150,000
Pension expense = 400,000 + 560,000 + 100,000 - 150,000
= $910,000
The total amount of money that is brought in by sales