Answer: Megabus being a late mover in the US, has allowed the company to learn from past mistakes by companies such as Greyhound, who filed for bankruptcy in the mid 90's and who lost most of it's business due to poorly maintained terminals, high prices for fares and unsafe conditions. Mega bus's advantages include fares as lows as 1 dollar, free wi-fi, stylish buses and power outlets. They Can offer these low fares since the company eliminated purchase Windows for tickets, selling tickets online only and by eliminating expensive terminal operations by dropping off and picking up riders at sidewalk stops like public bus operators. There are few disadvantages besides the fact that rising gas prices affect travel and low fare prices affect revenue if quantity is not met .
Advantages - 1. Affordable 2. Pretty scenery 3.You get what you paid for
Disadvantages-1. Uncomfortable 2. It’s Either Freezing or Sweltering 3. Odd People
2. Yes it has own Overwhelming resources and capabilities 3. Train
Explanation:
Answer:
total savings using CFL light bulbs = $47.09
Explanation:
We can compare the costs of 8,000 hours of lighting:
incandescent light bulbs
- you need 8 incandescent light bulbs to generate 8,000 hours of lighting = 8 x $0.70 = $5.60
- they will consume a total of 150 watts x 8,000 hours = 1,200 kWh x $0.05 per kWh = $60
- total cost = $5.60 + $60 = $65.60
CFL light bulbs
- you need one CFL light bulb to generate 8,000 hours of lighting = $5.71
- it will consume a total of 32 watts x 8,000 = 256 kWh x $0.05 = $12.80
- total cost = $5.71 + $12.80 = $18.51
total savings = $18.51 - $65.60 = -$47.09
Answer:
Full body = $132
For trouble spots = $180
Explanation:
The computation of contribution margin per hour is shown below:-
For Full body
Contribution per service = $198
Massage time required in minutes = $90
Massage time required (90 min ÷ 60 min) = $1.5
Contribution per hour = $198 × $1.5
= $132
For Trouble spots
Contribution per service = $90
Massage time required in minutes = $30
Massage time required (30 min ÷ 60 min) = $0.5
Contribution per hour = $90 × $0.5
= $180
Answer and Explanation:
The computation is given below:
1.
Given that
Charges per mile = $0.50
Variable Cost per mile driven = $0.20
Fixed Cost = $215
So,
Contribution Margin per mile = Charges per mile - Variable Cost per mile driven
$0.50 - $0.20
= $0.30
Break-even units (in miles) = Fixed Cost ÷ Contribution Margin per mile
= $215 ÷ $0.30
= 717 miles
2.
Revenue for 4,200 miles is
= $0.50 × 4,200
= $2,100
And,
Variable Cost = $0.20 × 4,200
= $840
Now
Contribution Margin = Revenue - Variable Cost
= $2,100 - $840
= $1,260
And,
Fixed Cost = $215
So,
Net Income = Revenue - Variable Cost - Fixed Cost
= $2,100 - $840 - $215
= $1,045
So,
Degree of Operating Leverage = Contribution Margin ÷ Net Income
= $1,260 ÷ $1,045
= 1.2057
3.
Degree of Operating Leverage = % Change in Net Income ÷ % Change in Sales
1.2057 = % Change in Net Income ÷ -25%
1.2057 = % Change in Net Income ÷ -0.25
% Change in Net Income = -0.301425
= -30.1425%
Answer:
See below.
Explanation:
1)
Calculating cost of goods sold by assuming periodic average.
Total cost of inventory at the beginning of 2018 = 10,000 * 7 = $70,000
Total Cost of inventory purchased during the year = 50000*8.50 = $425,000
Avg cost of inventory = 70,000 + 425,000 / 60,000 = $8.25/unit
Cost of goods sold hence, 54000*8.25 = $445,500
2)
The effect of LIFO is as follows,
Assuming out of the 54000 sales 50,000 were @ $8.50 and 4000 @ $7
so cost of goods sold then would be = $453,000
This means that LIFO will cause a negative effect of $7500 and reduce income by this amount.
Hope that helps.
