Question: please only answer exta quesion from the multiple choice asap part1 part2 Chapter 7s question 27: Extra Question: The manager has realized that the fixed

please only answer exta quesion from the multiple choice asap
part1
please only answer exta quesion from the multiple
please only answer exta quesion from the multiple
part2
please only answer exta quesion from the multiple
please only answer exta quesion from the multiple
Chapter 7s question 27: Extra Question: The manager has realized that the fixed cost hast increased to 1200 , what is the new break-even point? 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. 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? $818.26 450 $2366.86 500 $986.19 Chapter 7 s question 27 : Extra Question: The manager has realized that the fixed cost hast increased to 1200 , How much wine would he expect serving? 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 cach) 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. 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? 115.18 563.54 338 140.8 500

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!