Decided that concession sales will support themselves

Assignment Help Operation Management
Reference no: EM131279903

As a 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:

Item                Selling Price               Variable Cost             % of Revenue

Soft Drink       $1.25--------------------------$0.70-----------------------24

Wine               $1.75-------------------------$0.90-----------------------24

Coffee             $1.25-------------------------$0.35-----------------------29

Candy             $1.20-------------------------$0.25-----------------------23

Last year 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 $280.00 ( 5 booths with 3 people each). Even if nothing is sold, your labor cost will be $280.00, so you decide to consider this a fixed cost. Booth rental, which is contractual cost at $80.00 for each booth per night is also a fixed cost.

A. Based on the information available, the per night break-even point in dollars for the St.Cloud Theatre Company= $

B. The sale of wine per night= $

Reference no: EM131279903

Experience in organizational development

If you have experience in organizational development (OD), discuss the process of OD and change from your perspective. You can provide insights into the diagnosis of problems,

Territorial jurisdiction can become an issue if

An amendment to the Constitution may be approved to become effective by: When a plaintiff files a suit against a defendant, plaintiff: Territorial jurisdiction can become an i

Calculate the process capability index for example

A metal fabricator produces connecting rods with an outer diameter that has a 1 ± 0.05 inch specification. A machine operator takes several sample measurements over time and d

Struggling to build an exciting-profitable future

Verizon is struggling to build an exciting, profitable future. But it faces significant strategic challenges. Verizon has purchased Yahoo in 2016. The task in this case to det

Evaluate the marketing management philosophy

Designs Limited is a fashion house operating in Kenya. They make fashionable designer clothes for women. Their outletss are located along Moi avenue, Ngong road, Mombasa road

Successful consulting practice as sole proprietor

Assuming that you were running a successful consulting practice as a sole proprietor, what would induce you to change the legal form to a corporation? What is the importance o

Formulate the integer programming problem

White Inc. is considering four investments. Investment 1 will yield a net present value (NPV) of $900; investment 2, an NPV of $1300; investment 3, an NPV of $1500; and invest

Prospective employees perspective

The quality of many HR decisions—how to recruit, whom to select, what training to schedule, and the like—can be improved if the decisions are based on the job requirements. Co

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd