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Question - A theatre has 100 seats. In the coming year, it will be open for 200 nights and the owners would like to see an average ticket price of $60. The goal is achieving Sales Revenue= $ 1,000,000. Pricing Tranche data: Tranche 1, paying top ticket price, representing 60% of ticket sales. Tranche 2, paying 80% of the top ticket price, representing 30% of ticket sales. Tranche 3, paying 70% of the top ticket price, representing the remaining of ticket sales. Calculate the percentage of occupancy to achieve the desired sales revenue?
What is activity-based management and what is a non-value added activity and how much did non value-added activities cost ReadersNet.Com this past year?
Western Manufacturing produces a single product. The original budget for April was based on expected production of 14,000 units; actual production for April was 13,300 units. The original budget and actual costs incurred for the manufacturing departm..
Indicate the type of engagement that will most likely be undertaken for each of the three tasks and the level of assurance to be provided.
Identify each cost as direct materials, direct labor, factory overhead, selling expense, or administrative expense
Assume that there are 2,000 hours available on the cutting machine and that the demand for each product is 15,000 units. If one more hour of machine time could be obtained, how much would profits increase?
Equity and government bonds are a natural pair, Evaluate how this relationship works, explain how to lower overall risk in a portfolio. Use examples.
What is the amortization expense in Year 2 under the double declining-balance method? determine the amortization expense under the double declining-balance
Illustrate what is meant by "earnings" persistence? Why might an analyst be interested in examining the earnings persistence of a company?
Explain the difference between fixed and variable costs for a healthcare organization. Provide and discuss at least one example of a fixed cost in health care
An industry regulator has just proposed guidelines of valuing inventory which seem to contradict the ABC Ltd's adherence to the provisions of IAS 2: Inventory
p corporation operates six automotive service franchises in a metropolitan area. the service franchises have been a
At the end of 2017, Lesco's stock is selling for $32 per share on a stock exchange. What unrealized gain will Sampson Corporation report for 2017
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