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Hanna’s Super Service Burgers and Fries fast-food restaurant trains its new employees (all of whom are part-time) for three days to assemble its different burgers. The most time-consuming item to assemble is the Super Mega-Burger because it includes a lot of ingredients. After three days of training, an employee can assemble his or her first MegaBurger as a regular employee in an average of 126 seconds. The learning curve for this assembly operation is estimated to be 85%, and no additional learning will take place after assembly of the eightieth Mega-Burger. Determine how many seconds will be required for an employee to assemble his or her eightieth Mega-Burger.
For the month of April, budgeted sales were $100,000 and budgeted cost of goods sold was $80,000. Actual sales were $80,000 and actual cost of goods sold amounted to $90,000.
Nejedly Company completed 80,000 units during the year at a cost of $1,520,000. The beginning finished goods inventory was 8,000 units at $96,000. Determine the cost of goods
Prime Cost and Conversion Cost Grin Company manufactures digital cameras. In January, Grin produced 4,000 cameras with the following costs: Direct materials, $400,000; Direct
Explain how the officials of Philadelphia identified the problems, framed options for solving the problem and finally created a workable plan of action to implement the MWN
Match a pricing strategy (cost, customer value, or competitor) that you would recommend to each of the following SBU definitions according to BCG model. Explain your recommend
A natural monopoly has a cost function c(q) = 400 + 25q and market demand D(p) = 200 - 2p. What is the monopoly's profit, output, and consumer surplus when the price is set to
The manager of one theatre marks up the cost of chocolate covered raisins by 1/10 of the cost of raisins. Find the cost to the nearest cent if the theatre sells a box of raisi
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