Case Study Example | Topics and Well Written Essays - 500 words - 8

Case Study Example The proposed change of strategy has the following consequences: the fixed costs will increase to (1,053,000 + 585,000) = $ 1,638,000. Second, the new average contribution margin = (0.25*0.5) + (0.25*0.1) + (0.1 * 0.5) + (0.4 * 0.8) = 0.52. Therefore, the total restaurant sales to achieve the desired net income = (1,053,000 + 585,000 + 117,000) /0.52 = $ 3,375,000. Sales for each product lines are as follows: appetizers = (3,375,000 * 0.25) = $ 843,750; Main entrees = (3,375,000 * 0.25) = $ 843,750; Desserts = (3,375,000 * 0.1) = $ 337,500; and Beverages = (3,375,000 * 0.4) = $ 1,350,000 (DuBrin 208-212). The fixed cost will be $ 1,638,000. However, the new contribution margin = (0.15 * 0.5) + (0.5 * 0.1) + (0.1 * 0.5) + (0.25 *0. 8) = 0.375. The sales level to achieve the desired net income = (1,053,000 + 585,000 + 117,000) /0.375 = $ 4,680,000. Sales for each product lines are as follows: appetizers = (4,680,000 * 0.15) = $ 702,000; Main entrees = (4,680,000 * 0.5) = $ 2,340,000; Desserts = (4,680,000 * 0.1) = $ 468,000; and Beverages = (4,680,000 * 0.25) = $ 1,170,000 (DuBrin 208-212). This strategy increases the level of sales to achieve the desired net income of $ 117,000. A potential risk to this strategy is the failure to meet the sales level ($ 4,680,000). On the other hand, the strategy has an advantage of increasing the restaurants revenues. A company that uses manual labor in the production system experiences the following cost pool: wages to part-time and full-time employee, the contribution to a pension plan, employee recruitment costs, and moral hazard cost. On the other hand, the automated equipment system bears the following cost pools: machine acquisition costs, equipment maintenance costs, salary to IT technician, machine replacement and depreciation costs. Changing from manual labor production system to an automated equipment system changes the cost above named

Henry Polic Research Paper Example | Topics and Well Written Essays - 2000 words

Henry Polic - Research Paper Example Furthermore, Henry taught acting before the camera at Emerson College and held classes in performing and acting at the Dramatic arts Academy of America of which were both in Los Angeles. Born in 1945, in Pittsburgh, Henry Polic went to Florida State University and attained his masters degree in acting. After graduation, he was enlisted and stationed at Kansas Fort Riley, and later connected with the Tent Theatre of Missouri, and Miami’s Player’s Theatre, to mention but a few (Barnes 1). The early 1970s saw Henry Polic move to Los Angeles where he made his debut in TV as the Nottingham Sheriff in 1975 and also in the When Things Were Rotten comedy, which featured Richard Gautier. Henry Polic was a well-known game-show player, featuring frequently on the Pyramid of $25,000 and its eventual manifestation, the Pyramid of $100,000, of which Polic together with Dick Clark hosted. Furthermore, Henry was a host of a game-show as well and also running the 1986 ABC’s Double Talk. Apart from being a popular game show host, Henry Polic acted as Dracula briefly in NBCs 1970s series Monster Squad and featured as a guest in numerous shows, including Mork & Mindy, Alice, Eight Is Enough, Sheena, Murder, She Wrote, as well as Saved by the Bell (Barnes 1). Besides Polic’s work on Batman, he gave his voice to the Smurfs series and other various series. On Webster, Henry Polic acted as Jerry Silver, a confidant as well as the secretary to Katherine (Susan Clark), which had 54 episodes of the entire series, and ran from 1983-1989 on ABC as well as in syndicate. In the 1980s, Henry Polic II was frequently viewed as a popular guest player on numerous game shows. His most regular guest slots were on the several manifestations of Pyramids, as he featured many times on the Pyramid of the $25,000 and the Dick Clark as well as the John Davidson-hosted versions of the Pyramid of the $100,000 for producer Bob Stewart. Henry Polic also did