This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the most appropriate selling price for the bottle of wine if the restaurant operator desires ... (Read 23 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Aug 10, 2018
What is the most appropriate selling price for the bottle of wine if the restaurant operator desires a 10.00 contribution margin on a bottle of wine that costs the operator
 
  What will be an ideal response?

Question 2

The chapter reviews examples of reasons that would explain higher-than- expected labor costs that don't meet budget expectations.
 
  What are some additional causes of labor cost-related challenges that could be within the restaurant manager's control?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Aug 10, 2018
Answer to Question 1

8.00? 8.00 + 10.00 = 18.00

Answer to Question 2

Manageable labor cost problems in addition to those illustrated in Figure 13.8 include ineffective use of labor when costs could be off-set by labor-saving equipment, excessive wage rates for favored employees, and unacceptable use of salaried labor to perform work that could be done by the restaurant manager.


ishan

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Aug 10, 2018
Both answers were spot on, thank you once again


scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Aug 10, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Price of Computers, 1982–2010 Price of Computers, 1982–2010
Selling Today: Partnering to Create Value (Manning/Ahearne/Reece) Selling Today: Partnering to Create Value (Manning/Ahearne/Reece)
Port Wine Stain Port Wine Stain
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Natural Selection, Species Isolation and Real World Example

For a complete list of videos, visit our video library