A convenience store manager earns a base salary plus a small bonus of $80 for each of ten different possible monthly milestones he meets. If the manager meets a milestone, the full bonus is paid. However, if the manager falls even one penny short, none of that bonus is paid. Suppose each of the ten milestones requires 20 hours of effort to meet, and that the manager has 160 hours of effort to allocate to work each month.

In order to maximize the total monthly bonus, the manager should allocate (# of hours) hours toward meeting each of ( 2/3/4/5/6/7/or8)milestones and (# of hours) hours toward meeting each of the remaining(2/3/4/5 or 6) sales milestones.

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.

Both a demand curve and a demand schedule show how a. prices affect consumer demand. b. consumer demand affects income. c. prices affect complementary goods. d. consumer demand affects substitute goods.