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likoan [24]
2 years ago
15

Tyson Foods is the largest U.S. beef and chicken​ supplier, processing more than​ 100,000 head of cattle and​ 40-plus million ch

ickens weekly. Primary distribution channels are supermarket meat departments.​ However, the company is now expanding distribution into convenience stores. There are almost​ 150,000 gas stations and convenience stores where the company would like to sell hot Buffalo chicken bites near the checkout. This is a promising​ channel, as sales are growing considerably at these retail outlets and profit margins on prepared foods are higher than selling raw meat to grocery stores. Tyson will have to hire eighteen more sales representatives at a salary of ​$45 comma 000 each to expand into this distribution channel because many of these types of stores are independently owned. Each convenience store is expected to generate an average of​ $50,000 in revenue for Tyson. If​ Tyson's contribution margin is 30 percent on this​ product, what increase in sales will it need to break even on the increase in fixed costs to hire the new sales​ reps?
Business
1 answer:
Deffense [45]2 years ago
5 0

Answer:

$810,000

Explanation:

The computation is shown below:

The increase in fixed cost is

= Salary of each sales representative × number of sales representatives hired

=  $45,000 × 18

= $810,000

Now the increase in sales needed for break even is

= Increase in fixed cost ÷ Contribution margin ratio

= $810,000 ÷ 30%

= $2,700,000

As we know that break even sales is computed by dividing the fixed cost by the contribution margin ratio and we applied the same

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A day care program frequently has a few parents picking up their children late. In an attempt to curb this, the daycare decides
alexandr1967 [171]

Answer:

4) All of the above

Explanation:

The day care program should have rewardedbeing on time to encourage this attitude.

Instead they put a price on being late. As parent considers this price cheap they arrive later to have some extra time beofre picking their childrens

Either the day care program reconsiders the fine policy and moves into a better program to estimulate being on time or it increases the "price" so is more expensive for the parents to come in time rather than paiying their fines.

5 0
2 years ago
Read 2 more answers
A company that works to create a culture that encourages rank-and-file employees to make suggestions, question the status quo, a
Leya [2.2K]

Answer:

innovation and learning perspective

Explanation:

The innovation and learning perspective in strictly designed and implemented in organisations to improve the working environment and to seek for the long-term stability. This point of view incorporates representative preparing and corporate social dispositions identified with both individual and corporate personal growth. It gives employees with an opportunity to speak and suggest their perspectives.

7 0
2 years ago
Ivanhoe Company had these transactions during the current period. June 12 Issued 86,500 shares of $1 par value common stock for
Ket [755]

Answer and Explanation:

The journal entries are shown below:

On June 12

Cash $324,375  

      To Common stock  $86,500     (86,500 shares × $1)

      To Paid in capital in excess of par - Common stock  $237,875

(being the issuance of the common stock is recorded)  

On July 11

Cash $334,800  (3,100 shares × $108)

 To Preferred stock  $319,300 (3,100 shares × $103)

 To Paid in capital in excess of par - Preferred stock $15,500  

(being the issuance of the preferred stock is recorded)  

On Nov 28

Treasury stock $9,350

          To Cash     $9,350

(being the purchase of treasury stock is recorded)  

 

5 0
2 years ago
Marquese is making 10 pounds of trail mix from raisins and nuts. Raisins cost $3.45 per pound, and nuts cost $7.95 per pound. Ho
ladessa [460]

Answer:

Pounds of raisins = 8.78 pounds

Pounds of nuts =  1.22 pounds

Explanation:

  • Let X equal pounds of raisins
  • Let (10-X) equal pounds of nuts
  • Multiply by the costs for each and set it all equal to 10 pounds at $4/pound

$3.45X + $7.95(10-x) = 10 pounds *$4/pound

$3.45X + 79.50 - 7.95x = $40  

Now simplify the x variables on the left and subtract the dollar amount from the right:

3.45x-7.95x = 40-79.50

-4.5x= -39.50

Divide by negative 4.5 to solve for x

x= 8.78 (rounded)

Remember that x= amount of raisins and (10-x)= pounds of nuts

Pounds of raisins = 8.78 pounds

Pounds of nuts = (10-8.78) = 1.22 pounds

Notice that 8.78+1.22 = 10 pounds, so it all checks out!

3 0
2 years ago
Read 2 more answers
Shaniqua s restaurant utilizes a contribution margin pricing system. She would like the selling price of a new menu item she is
Setler79 [48]

Answer:

Her kitchen Staff can spend up to $3.00 on product cost.

Explanation:

Selling price= $10.00

Margin= $4.00

Labor costs = $10.00*30% = $3.00

Selling Price = Contribition margin + Labor costs + Product Cost.

Isolating Product cost from the equation:

Product cost = Selling price - (Contribution margin + Labor costs)

Product cost = $ 10.00 - ($4.00 + $3.00)

Product cost = $ 10.00 - $7.00

Product cost = $ 3.00

The max. amount that kitchen staff can spend on product cost is: $ 3.00

7 0
2 years ago
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