Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“At the breakeven point, rev[…]
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Using the prime ingredient markup approach which item should be chosen for pricing
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Using the prime ingredient markup[…]
Read moreOpportunity costs is the cost of choosing the best alternative opportunity in a decision making situation involving several alternatives
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Opportunity costs is the cost[…]
Read moreA sunk cost is
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.A sunk cost is A[…]
Read more“Hubbart Formula is called a bottom-up approach because the first item, net income/profit is at the bottom of the income statement”
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“Hubbart Formula is called a[…]
Read more“The EB Hotel has an ADR for 2015 of $100 and a contribution margin of $75. The current lease is about to expire and the new lease terms will increase the hotels fixed cost by $400,000. Bad on this increase, how many more rooms with the hotel have to sell to cover the increased fixed cost of the lease increase”,”5
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“The EB Hotel has an[…]
Read more“CVP analysis can be used for service centers such as support/staff departments that only have costs, but no revenue”
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“CVP analysis can be used[…]
Read more“The PMB Hotel has 150 rooms and an annual ADR of $90. The hotels UVC is $30 and its FC is $160,000 per month”
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“The PMB Hotel has 150[…]
Read more“At the indifference point, the cost is sometimes higher under a fixed cost vs. variable cost arrangement”
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“At the indifference point, the[…]
Read moreHow many rooms must the PMB Hotel sell to breakeven for the year (365 days),”32
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.How many rooms must the[…]
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