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Ellie Melvin is the manager of Stanford's traditional Sunday Flicks, sponsored by the Stanford Student Association. The admission price is deliberately set at a very
Ellie Melvin is the manager of Stanford's traditional Sunday Flicks, sponsored by the Stanford Student Association. The admission price is deliberately set at a very low $ Each Sunday, a fim has two showings and a maximum of tickets can be soid for each showing. The rental of the auditorium is $ and labor is $ inciuding $ for Melvin Melvin must pay the film distributor a guarantee, ranging from $ to $ or of gross admission receipts, whichever is higher. Before and during the show, she sells refreshments; these sales average of gross admission receipts and yield a contribution rmargin of Read the requirements. Requirement On June Melvin screened The Descendants The film grossed $ The guarantee to the distributor was $ or s of grass admission receipts, whichever is higher. What operating income was praduced for the Student Association? Revenues from admissions Variable costs Contriburion margin Fixed costs: Auditarim isential Lati
Ellie Melvin is the manager of Stanford's traditional Sunday Flicks, sponsored by the Stanford Student Association. The admission price is deliberately set at a very low $ Each Sunday, a fim has two showings and a maximum of tickets can be soid for each showing. The rental of the auditorium is $ and labor is $ inciuding $ for Melvin Melvin must pay the film distributor a guarantee, ranging from $ to $ or of gross admission receipts, whichever is higher. Before and during the show, she sells refreshments; these sales average of gross admission receipts and yield a contribution rmargin of
Read the requirements.
Requirement On June Melvin screened The Descendants The film grossed $ The guarantee to the distributor was $ or s of grass admission receipts, whichever is higher. What operating income was praduced for the Student Association?
Revenues from admissions
Variable costs
Contriburion margin
Fixed costs:
Auditarim isential
Lati
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