Question
We will complete Case Studies 10-5 and 11-6 for a local Pizza Shop. Choose your favorite, hang out there for a while, and enjoy the
We will complete Case Studies 10-5 and 11-6 for a local Pizza Shop. Choose your favorite, hang out there for a while, and enjoy the pizza while learning about their cost structure.
Case 10-5 Classifying CostsCost Direct Materials Direct Labor Overhead Selling Expense1. With a group of students, visit a local copy and graphics shop or a take-out pizza restaurant. As you observe the operation, consider the costs associated with running the business. As a group, identify as many costs as you can and classify them according to the following table headings:
Case 11-6 Break-Even Analysis1. Break-even analysis is one of the most fundamental tools for managing any kind of business unit. Consider the management of your school. In a group, brainstorm some applications of break-even analysis at your school. Identify three areas where break-even analysis might be used. For each area, identify the revenues, variable costs, and fixed costs that would be used in the calculation
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