The restaurant at the hotel galaxy offers two choices for breakfast: an all-you-can-eat buffet and an a la carte option, where diners can order from the menu. the buffet option has a budgeted meal price of $48. the a la carte option has a budgeted average price of $37 for a meal. the restaurant manager expects that 40 percent of its diners will order the buffet option. the buffet option has a budgeted variable cost of $28 and the a la carte option averages $23 per meal in budgeted variable cost. the manager estimates that 2,600 people will order a meal in any month. for july, the restaurant served a total of 2,400 meals, including 940 buffet options. total revenues were $46,060 for buffet meals and $56,940 for the a la carte meals. required: a. compute the volume variance (also known as activity variance) for the restaurant for july.

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?

Atrough in the business cycle occurs when