Gut Bombs sandwich shop pays $5,000 a month in rent space and equipment. It pays each of its 10 workers $2,500 a month and spends $5,000 on food. There are no other production costs. Usually the shop sells 3,500 sandwiches per month for $10 each. The shop could hire another worker and increase the number of sandwiches it makes by 300. Assuming a constant food cost per sandwich of $1.43, their marginal cost per month per sandwich, of making 300 more sandwiches per month, rounded to the nearest penny, is

Answers

Answer 1

The marginal cost per month per sandwich of making 300 additional sandwiches per month for Gut Bombs is $9.76.

What is marginal cost?

The marginal or incremental cost is the increase or decrease in the cost of producing one more unit.

Data and Calculations:

Food cost per month = $1.43

Monthly wages per worker = $2,500

Marginal cost = $2,929 ($1.43 x 300 + $2,500)

Marginal cost per unit = $9.76 ($2,929/300)

Thus, the marginal cost per month per sandwich of making 300 additional sandwiches per month for Gut Bombs is $9.76.

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Related Questions

(03.04 LC)

The greatest goal in advertising is to convince us

"wants" are unnecessary
the firm has the best price
a particular product is a "need"
the product is the same as other firm's products

Answers

Answer:

c

Explanation:

What was the name of the Starbucks social media marketing campaign that allowed customers to customize a cup with art

Answers

Answer:

They did a doodling design contest.

Explanation:

Taking a cue from customers who have been doodling designs on cups for years, Starbucks is launching a White Cup Contest. The contest encourages customers in the U.S. and Canada to decorate a Starbucks cup with customized art, take a photo of it, and submit the design through social media using #WhiteCupContest

learn more here: https://stories.starbucks.com/stories/2014/starbucks-invites-you-to-decorate-its-iconic-white-cup/

Financial aid letters from institutes of higher education show your yearly aid and costs for attending. This means that you will need to

Answers

Financial assistance letters from institutes means that you will need to re-apply for aid each year.

What is financial aid?

Financial aid can be defined as a financial assistance  granted to a student so as to enables the student pay for their education.

Financial aid is important as it help to cover college student tuition and education expenses.

Based on the given scenario for a student to be qualify for financial aid such student need to re-apply for the aid every year.

Inconclusion this means that you will need to re-apply for aid each year.

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There are many – in a competitive market. Firms in this market sell very – products, and each firm also has – to the market. Each firm is also considered a price –.

Answers

There are many sellers in a competitive market. Firms in this market sell very similar products, and each firm also has free entry and exit to the market. Each firm is also considered a price taker.

What is a competitive market?

A competitive market is a market where there are buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

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Skilled workers who cannot find desired higher paid jobs may choose to work in positions which require fewer skills and that are therefore lower paid. Firms who are pessimistic about the future may hire part-time workers instead of full-time workers. As a result, workers who would rather work full-time may only be able to secure part-time positions. These two situations are examples of .

Answers

When a skilled worker cannot find a higher-paid job but choose to work in positions requiring fewer skills with lower pay or a worker who would rather work full-time cannot secure such positions but secure only part-time positions, the situations are examples of underemployment.

What is underemployment?

Underemployment exists when workers do not get the positions that they have skills for but only get jobs requiring lower skills.

Underemployment can also exist when, for example, an engineer works as a customer service officer with less pay.  Another example is when a graduate works in a part-time role when she desires a full-time job.

Thus, these two scenarios describe examples of underemployment.

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Two characteristics of an autocratic and democratic leadership style

Answers

Answer:

You have a highly structured working environment.

You dictate all the working methods and processes.

Explanation:

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In 2015, your company had revenue of $78,524. In 2014, revenue was $56,976. What is the growth rate of your company

Answers

Assuming in 2014, the revenue was $56,976. The growth rate of your company is 38%.

Growth rate

Using this formula

Growth rate=2015 Revenue-2014 revenue/2014 revenue

Let plug in the formula

Growth rate=$78,524-$56,976/$56,976

Growth rate=$21,548/$56,976

Growth rate=0.378×100

Growth rate=38%(Approximately)

Inconclusion the growth rate of your company is 38%.

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Performance goals are most likely to lead to performance improvement if: _________
a) they are set up as specific goals.
b) a copy of the final decision of the supervisor is given to the employee.
c) employees are told what took place by HRD.
d) the employee does not get involved in the process.

Answers

The best way to get performance goals to lead to performance improvement is if a) they are set up as specific goals.

How can performance goals be made more effective?

When performance goals are set up as specific goals, employees know for certain what they are working towards.

This allows them to work harder because they will be working towards something specific that they don't have to think much about.

In conclusion, option A is correct.

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Compare tracking in affiliate marketing to that of e-mail and online advertising. What are the similarities/ differences? (Emphasis on the differences)

Answers

Similarities:

They both are ways to reach out to advertise products through the use of technology making them seen by a very wide range of buyers

Differences:

Emails are ignored and deleted by lots of people making them less effective however people may still see them unless they go to junk mail. Regular affiliate marketing, however, might reach more people as they might appeal more with photos or slogans to help get the advertisement stuck in the buyer's mind. In my opinion, affiliate marketing is more effective than emails.

This backbone of a culinary team is usually made up of which level of
employee?
A
None of these
B
Supervisory level
С
Entry level
D
Skilled level

Answers

Answer:

D. Skilled level

Explanation:

When it comes to the "Food Service Industry," the culinary team is divided into different groups. Talking about the level of skills, the backbone of the culinary team are actually the "cooks." Employees belonging to this team are expected to be skilled, especially when it comes to different cooking techniques. This also means that they have enough experience and are able to work in a team.

The "supervisory level" belongs to the chefs while the "entry level" belongs to those who wash the food or prepare them.

A seattle-based software firm, sysco, was growing rapidly and hiring frequently, but it primarily focused on campus recruiting at two washington universities, uw and seattle university. When one 45-year-old candidate did not get an interview after a phone screening, he went to the company’s website and noted all of the young people in charge, so he filed a lawsuit under the.

Answers

Answer: Age discrimination in Employment Act

Explanation:

Age discrimination in employment is the lawsuit filed by the individual.

What is Age discrimination in employment?

A United States labor legislation known as the Age Discrimination in Employment Act of 1967 prohibits employment discrimination against anyone who is at least 40 years old in the country.

Younger, less qualified workers gaining greater opportunities and promotions; older workers being unfairly let go and excluded from activities; and others presuming they don't comprehend technology are typical examples of ageism in the workplace.

Age discrimination occurs when a candidate or employee is treated less favorably due to their age. Age discrimination against those who are 40 years of age or older is prohibited by the Age Discrimination in Employment Act (ADEA).

You should be aware, though, that age discrimination lawsuits are extremely challenging to win and that the evidence supporting age discrimination is frequently more elusive than that supporting discrimination based on other factors, including race or gender.

Managers carefully select senior personnel whose expertise and qualifications warrant more pay than younger staff because the company may need to downsize. Older workers should be let go to reduce labor expenditures.

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Compute the increase or decrease in the pretax operating profit (loss) that would have been reported for the current year had GE employed FIFO accounting for all inventory for both years. 2. Compute the increase or decrease in pretax operating profit that would have been reported had GE employed LIFO but not reduced inventory quantities during the current year

Answers

The operating loss that would have been reported for the current year is $150 million.

How to calculate the pretax operating profit?

The pretax operating profit or loss will be calculated thus:

Difference in beginning inventory = $2076

Less: Difference in ending inventory = $2226

Difference in cost of goods sold = $150

Therefore, the operating loss that would have been reported for the current year is $150 million.

The change in cost of goods sold of $23 million shows that it is a change in the pretax operating profit. Therefore, as prices increase, the net income before taxes would be $23 million lower.

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Which of the following best describes how a free enterprise society answers the basic economic questions?

a
Allow the market to set prices for goods and services
b
Provide the state with ownership of all means of production.
c
Exchange goods by means of individual bartering.
d
Follow customs and traditions in deciding what to produce.

Answers

Answer:

the answer is a

Explanation:

ecnomic allows allow services and goods

What example best describes the market structure of monopolistic

competition?

A. A farmers market features multiple stalls where farmers sell their

apples.

B. Several different restaurants compete for customers in a city

neighborhood.

C. A large company makes over half of the trains built in the country.

D. A city government owns and operates all waste management

services.

Answers

The answer choice which best represents an example of a monopolistic competition is; Choice B; Several different restaurants compete for customers in a city neighborhood.

What is Monopolistic competition?

Monopolistic competition as the name implies is a type of imperfect competition characterized by the fact that there are many producers competing against each other, although selling products that are differentiated from one another and hence are not perfect substitutes.

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Answer:

b

Explanation:

Is money the root of all evil?

Answers

Answer:

No

Explanation:

the lo.ve of mone.y is a root of all kinds of e.v.il” or simply “for the love of money is the root of all e.vil.” Not m.oney itself, but the love of money. That's a key dis.tin.ction. Money itself is neither good nor e.vil.

hope it helps

:DD

Money isn’t, but the desire of it is. What it drives people to do, to go to a certain extent for money is the evil in money.

Universal Travel, Inc. borrowed $500,000 on November 1, 2015, and signed a twelve-month note bearing interest at 6%. Principal and interest are payable in full at maturity on October 31, 2016. In connection with this note, Universal Travel, Inc. should record interest payable in 2016 in the amount of:

Answers

Answer: 30000

Explanation: 6 % of 500,000 is 30000

_____________, fill in the blank, requires that sales associates be friendly, knowledgeable, and helpful.

Answers

It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.

What is Personal selling all about?

Personal selling  can be regarded as face-to-face selling where someone  who is the salesman tries to convince the customer in buying a product.

It serves as a promotional method by which the salesperson uses his or her skills to sell goods.

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What happens to PRICES during a PEAK in the Business Cycle?

Answers

The prices can use for study and others.But,you need to save carefully.

Assume is it 2016. Can Presidential candidate Hillary Clinton run a paid search campaign and have her ad triggered when someone types in ""Donald Trump?"" What is Hillary wanted her ad triggered when someone typed in ""Tiffany diamond wedding rings?""

Answers

No, this is illogical because the main aim of political campaigns is to gain the upper hand against her political rivals and not to get notified when someone searches for her political rival.

What is a Political Campaign?

This refers to the organized effort among members of the same political ideology to try and influence the decision-making of the electorates before the elections.

Hence, we can note that political campaigns run high on opinion polls which is the public perception of the candidates and this is where the political candidates would focus their ad campaigns on and not on snooping on each other.

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Modification of a company's business model to accommodate the unique local circumstances of developing countries is best exemplified by

Answers

The modification of a company's business model is exemplified by Dell moving it's traditional internet based orders to orders over phone and fax.

What is a business model?

A business model simply means the plan of a company regarding profit making.

In this case, the modification of a company's business model to accommodate the unique local circumstances of developing countries is best exemplified by Dell moving it's traditional internet based orders to orders over phone and fax.

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Which principle of operational excellence refers to a long-term approach that favors quality and capabilities over short-term financial goals

Answers

Answer: The answer is Business Dictionary defines operational excellence as, “A philosophy of the workplace where problem-solving, teamwork, and leadership results in the ongoing improvement in an organization.

Explanation:

The business dictionary refers to a long-term approach that favors quality and capabilities over short-term financial goals.

What is the business dictionary?

Business Dictionary is defined as a free, easy-to-use business vocabulary with over 30,000 definitions covering a wide range of key business issues such as entrepreneurship, management, small company, economics, human resources, recruiting, and corporate strategy.

A long-term approach that prioritizes quality and capability over short-term financial aims, Because your readers may have their own interpretation of the words, or may not be familiar with them at all, the “Definitions of Terms” section guarantees that they comprehend the components of your research in the manner in which you will deliver them.

Therefore, it is a business dictionary.

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Compile a job advertisement for a receptionist vacancy.Advertisement should include the name of the business and the title of the job advertisement

Answers

Answer:

Receptionist (Full-time).

Explanation:

Phetoloportia Communications Inc. is an Engineering and ICT company focused on power distribution, disaster recovery solution, systems integration, network security, and broadband technology services. Our businesses are strongly channeled to providing reliable power, turnkey, integrated technology solutions to hotels, financial institutions, schools, oil and gas, and governmental agencies in the United States of America.

We are recruiting to fill the job position below;

Job Title: Receptionist.

Location: Miami, Florida.

Job ID: 010345

Employment Type: Full-time.

Minimum Requirements:

High School diploma, GED, or equivalent preferred.Minimum of 2 years experience. Proficient in English (oral and written). Excellent knowledge of MS-Office.

Application Closing Date:

1st of November, 2020.

How to Apply

All interested and qualified candidates should send their curriculum vitae (CV) in pdf format using the Job Title and ID as the subject of the mail e.g (Receptionist - 010345) to phetoloportiaatpci.com

1. What arguments do Feingold and Heuvel offer in defense of Roosevelt?

2. What does Michael Beschloss mean when he describes Roosevelt’s response to the Holocaust as a "strange lapse?"

3. Why does David Wyman call it "the worst failure of his presidency"?

Answers

1. The arguments that these people put forward was to exonerate the president by saying the situation was beyond his control.

The argument that Feingold put forward

He argued that there were many situations that occurred that were beyond the capacity of Roosevelt's administration. These were

The determination to liquidate Jews by Berlin.The decision to rescue a minority in a foreign land that the US did not owe any responsibility.

The argument that Heuvel put forward

Heuvel sternly said that it was ironic to put any blames on Roosevelt because he was not the one that caused the holocaust.

According to him, no one had any backgrounds to fault him for what was being done by Hitler because he was not the cause.

2. What Michael meant was that it was not a common occurrence for the president to be silent on issues that are as pressing as this.

According to him, the president was a person that would speak up fast on serious world issues. He meant it was not in the character of the president to be late in issues of this sort.

3. Wyman called it the worst failure of his presidency because he refused to act for a long time during the extermination.

From what he said, the president only stepped in to save the Jews out of pressure.

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Which type of persuasion approach involves encouraging a person to agree to a small favor or to buy a small item, only to later request a larger favor or purchase of a larger item?.

Answers

The foot-in-the-door technique is the persuasion approach that involves encouragment of person to agree to a small favor only to later request a larger favor.

What is the foot-in-the-door technique?

This is an approach that involves assuming to agreeing to a small request that increases the likelihood of agreeing to a second or larger request.

In conclusion, this persuausive approach is a technique majorly used by salespeople to persuade sceptical customers.

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Which of the following is not one of the reasons to track expenses when creating a budget
A. It helps you to analyze your spending habits.
B.It allows you to determine patterns in spending.
C. It helps you to identify which purchases can be reduced.
D. It allows you to find out if you can afford to set a savings goal.

Answers

A? I think! I’m not quite sure

Answer:

D. It allows you to find out if you can afford to set a savings goal is not a reason to track expenses.

Explanation:

Regardless of income, an individual should track their expenses to ensure that their money is being spent appropriately.

Answer choice A, B, and C are correct because if someone were to monitor their spendings, they would be able to discern the following:

What different goods and services they spend their money onHow often they purchase certain goods and servicesWhich goods and services they can cut down on to save costs for other necessary goods and services

Individuals who track their expenses are more likely to make better financial decisions than those who don't. Regardless of if someone makes 6 figures a year or someone who is employed at minimum wage, tracking expenses can help anyone to spend their money efficiently.

Hope this helps!

What Does It mean When A Girl Text You She Got That Super Soaker?

Answers

aye j search tht up on urban dictionary

list at least 3 places where you can look for information about license and permits

Answers

Answer:

billing and safety department, public works, DMV, and city license office.

One of the reasons a firm carries inventory is to ______, that is, to achieve constant output and use inventory to meet overly high requirements during seasonal periods.

Answers

Firms do carry inventory in order to have smooth production requirements and to achieve constant output .

What is an Inventory?

Inventory serves as those goods and materials that a business holds so they can resale or production or utilisation purpose.

inventory can be used to meet overly high requirements during seasonal periods.

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Should spreadsheets be used to maintain a checkbook?.

Answers

The above statement is correct because it maintains all the data collected and permits seeing the movement and growth of the data by automatically creating different types of charts to visualize the data.

What are spreadsheets?

A spreadsheet is defined as an electronic record in which data is placed in the rows and columns of a facility and can be exploited and abused in arithmetic or calculations.

The above statement is correct that the spreadsheets be used to maintain a checkbook because it keeps the data organized and allows seeing the trends of the data by creating automatically the different types of the data.

Therefore, the above statement is true.

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What is the government's goal when providing a company with a subsidy?
a) the government only provides subsidies to poor people.
b) to manage the control of dangerous products entering the marketplace
c) to increase their supply
d ) to manage their supply

Answers

Answer:

c) to increase their supply

Explanation:

A subsidy is an incentive or motivation from the government to private businesses or individuals. Subsidies are usually in the form of cash, tax breaks, loans, or grants. The government gives subsidies to support production in the sector it wishes to promote.

Subsidies lower the cost of production to the business. Consequently, an entity increases its production quantities and can supply the market at lower prices. Subsidies, therefore, increase supplies in the market at friendly prices.

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