BEP
| As a manager of the Theatre ABC 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 | € 0.70 | € 0.36 | 20.6% | ||||||||||
| Wine | € 1.80 | € 1.00 | 29.4% | ||||||||||
| Coffee | € 0.70 | € 0.38 | 20.4% | ||||||||||
| Cake | € 1.10 | € 0.54 | 29.6% | ||||||||||
| Estimated labor costs are € 250.00 (5 booths with 2 people each). Even if nothing is sold, labor costs will be €250.00, so you decide to consider this a fixed cost. | |||||||||||||
| Booth rental, which is 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 many units of each item would you expect to sell at the break-even point? | |||||||||||||
| Last year's manager has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. How will the break even point (BEP) change compared to Task 1? | ||||||||||
| How will the break even point (BEP) change compared to Task 1, if the fixed costs will be 10% higher? | ||||||||||
| Assuming that the selling prices and variable costs of the other products remain unchanged, what should be the selling price of coffee to keep BEP unchanged (as in the first task) even if the fixed costs have increased by 10%? | ||||||||||
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nstructor-created question Question Help As manager of the St. Cloud Theatre Company, you have decided that...
nstructor-created question Question Help 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: Variable Cost % of Revenue Item Selling Price $1.00 $2.00 $0.70 24 Soft Drink $0.90 24 Wine $1.50 $0.35 31 Coffee $1.20 $0.25 21 Candy Last year's manager, Jim Freeland, has advised you to be sure to add 10% of variable cost as a...
*** S7.27 As manager of the St. Cloud Theatre Company, you have decided that concession sales...
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As manager of the St. Cloud Theatre Company, you have decided that concession sales will support...
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a) Based on the information available, the per night break-even point in dollars for the St....
a) Based on the information available, the per night
break-even point in dollars for the St. Cloud Theatre Company =$
________servings (round your response to one decimal place).
b) Based on the given information, the per night break-even
point in servings for wine =__________ servings (round your
response to one decimal place).
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...
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happily take it. Thank you!
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nstructor-created question Question Help 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: Variable Cost % of Revenue Item Selling Price $1.00 $2.00 $0.70 24 Soft Drink $0.90 24 Wine $1.50 $0.35 31 Coffee $1.20 $0.25 21 Candy Last year's manager, Jim Freeland, has advised you to be sure to add 10% of variable cost as a...
*** S7.27 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: ITEM SELLING PRICE VARIABLE COST % OF REVENUE Soft drink $2.00 $.65 Wine 2.75 .95 Coffee 2.00 .75 30 Candy 1.00 30 25 25 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance...
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: % of Revenue Soft Drink Wine Coffee Candy Selling Price $1.20 $2.00 $1.00 $1.00 Variable Cost $0.60 $1.00 $0.35 $0.25 30 18 Last year's manager, Jim Freeland, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate...
a) Based on the information available, the per night
break-even point in dollars for the St. Cloud Theatre Company =$
________servings (round your response to one decimal place).
b) Based on the given information, the per night break-even
point in servings for wine =__________ servings (round your
response to one decimal place).
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...
Hoping to get help on parts 5 and 6 on this assignment.
ESPECIALLY part 5, so if you can only help with that one I'll
happily take it. Thank you!
Coffee Perfection, Inc. makes two products - Dream Coffee Machine and Out-Of-This-World Coffee Machine. Selected information on the products is given below: Dream Coffee Machine Out-Of-This-World Coffee Machine Selling Price per unit: $1,000.00 $5,000.00 Variable expenses per unit: Production $490.00 $4,000.00 Commission (5% of selling price) $50.00 $250.00 The company...
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