Home / Expert Answers / Operations Management / as-manager-of-the-st-cloud-theatre-company-you-have-decided-that-concession-sales-will-support-the-pa821

(Solved): As manager of the St. Cloud Theatre Company, you have decided that concession sales will support the ...



As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselese. The following table provides the information yoes have been able to put lopether thus far \table[[Been,Selling Price,Variable Cest,$ of Revenue],[Sof Drink,

$1.00

,

$0.65

,25],[Wine,

$1.80

,

$0.95

,24],[Cotlee,

$1.00

,

$0.40

,30],[Candy,

$0.75

,

$0.35

,21]] Last year's manager, Soot Elis, has advised you to be sure to add

10%

of variable cost as a waste allowance for all categories. You estimate labor cost to be

$260.00

( 5 booths with 2 people each). Even if nothing is sold, pour habor coss =at be

$24000

, se you decide to consider this a fixed cost. Booth mental, which is a contractual cost at

$60.00

for awoh boot per right, is also a fixed cost. a) Based on the information weslable, the per right break-even point in dolars for the 52 . Cloud Theates Conpary = 5 (round your response to two decimal places).



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe