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Visit a local movie theater and check out both its concession area and its showing areas. The manager of a theater must confront questions such as:
How much return do we earn on concessions?
What types of movies generate the greatest sales?
What types of movies generate the greatest net income?
Required
Assume that you are the new accounting manager for a 16-screen movie theater (ten of the auditoriums have 150 seats each; the other six auditoriums each have 400 seats). You are to set up a responsibility accounting reporting framework for the theater.
Recommend how to segment the different departments of a movie theater for responsibility reporting.
Propose an expense allocation system for heat/air conditioning, rent, insurance, and maintenance costs of the theater.
To test your team members' ability to think strategically and apply what you have taught them to real businesses, you asked each one to write a report on a particular industry, addressing the following:
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How do you explain Kenny's acceptance by so many other people and the respect they have for him. Can all supervisors operate the way Kenny does- and be effective? Explain your answers.
According to Steve Mariotti and Caroline Glackin (2013), an entrepreneur is a "person who assumes the risks of managing and organizing a business for the sake of potential rewards." Many of the products or services that people use today were creat..
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