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Pls also give guidance to the 3 parts remaining. Thank you The Seaside Shack is a take-out food store at a popular beach resort. Cindy
Pls also give guidance to the 3 parts remaining. Thank you
The Seaside Shack is a take-out food store at a popular beach resort. Cindy Smith, owner of the Seaside Shack, is deciding how much refrigerator space to devote to four different drinks. Pertinent data on these four drinks are as follows: (Click to view the data.) Smith has a maximum front shelf space of 12 feet to devote to the four drinks. She wants a minimum of 1 foot and a maximum of 6 feet of front shelf space for each drink. Read the requirements i Data Table Requirement 1. Calculate the contribution margin per case of each type of drink. Natural Cola Lemonade Selling price per case $ 18.25 $ 14.20 20.25 $ 15.90 Punch Orange Juice 27.75 S 39.25 21.70 30.20 Cola Lemonade 18.25 S 20.25 S Variable cost per case Natural Punch Orange Juice 27.75 S 39.25 21.70 $ 30.20 6 5 Selling price per case Variable cost per case Cases sold per foot of shelf space per day $ 15.90 S Contribution margin per case 14.20 S 25 14 Print Done i Requirements X 1. Calculate the contribution margin per case of each type of drink. 2. A coworker of Smith's recommends that she maximize the shelf space devoted to those drinks with the highest contribution margin per case. Do you agree with this recommendation? Explain briefly. 3. What shelf-space allocation for the four drinks would you recommend for the Seaside Shack? Show your calculations. Print Done Enter any number in the edit fields and then click Check Answer ? 3 3 parts remaining Clear All CheckStep by Step Solution
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