Consider the Domino’s ""Pizza Turnaround"" and the Amy’s Baking Company ""Baking Meltdown"" case studies you read in this lesson. What is one thing both of these companies did? Used customer feedback to change their product Ignored criticism and feedback from customers Responded to customer feedback using social media Thanked customers for their comments and opinions.

Which of the following statements accurately describes how costs and benefits are calculated?

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z