Problem 1Old Burnside Ice Company supplements its ice business by producing beer. There are four people directlyinvolved in beer production: two brewmasters, an assistant and a bottler. In addition, a buyer and amarketer/seller work full time on beer, and four delivery people work 75% of the time delivering beer and thebalance of the time delivering ice. If Old Burnsides beer sales were $120,000 for October, the sales per personfor October in the Brewery value stream are:

The sales-per-employee ratio gives a general idea of how expensive it is to run a business. This…

Answered: Problem 1 Old Burnside Ice Company…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Cola Food Services Company operates and services soft drinks vending machines located in restaurants, gas stations, factories, etc., in four Southern states. The machines are rented from the manufacturer. In addition Cola must rent space occupied by its machines. The following expense and revenue relationships pertain to a contemplated expansion program of 20 machines. Fixed monthly expenses follow: Machine rental: 20 machines @$43.50 $870 Space rental: 20 locations @$28.80 $576 Part-time wages to service the additional 20 machines $1,454 Other fixed costs $100 Total monthly fixed costs $3000 Other data follow: Per unit per $100 of sales Selling price…
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