Marwick’s pianos, inc., purchases pianos from a large manufacturer for an average cost of $1,503 per unit and then sells them to retail customers for an average price of $3,400 each. the company’s selling and administrative costs for a typical month are presented below: costs cost formula selling: advertising $ 952 per month sales salaries and commissions $ 4,816 per month, plus 3% of sales delivery of pianos to customers $ 63 per piano sold utilities $ 665 per month depreciation of sales facilities $ 5,003 per month administrative: executive salaries $ 13,501 per month insurance $ 719 per month clerical $ 2,535 per month, plus $35 per piano sold depreciation of office equipment $ 904 per month during august, marwick’s pianos, inc., sold and delivered 60 pianos.
required:
1. prepare a traditional format income statement for august.
2. prepare a contribution format income statement for august. show costs and revenues on both a total and a per unit basis down through contribution margin.

Chipotle mexican grill, the american mexican food chain restaurant, opened its first restaurant in the united states in 1993. in 2010, chipotle opened its first restaurant in the united kingdom in london on charing cross. by late may 2013, the company had 6 restaurants in london, but they have not been doing well even though the british have taken a liking to mexican food (boyle, 2013). why has this successful u.s. chain not seen the same success overseas? if you were chipotle's ceo, how would you fix this situation? what is an alternative means of venturing outside of its domestic markets that may allow for a competitive advantage? then, pick a company that has not yet expanded overseas, or if it has expanded, suggest a different strategy for entrance into an overseas market that you feel would be more strategic for the company. research its rivals in the global marketplace and market conditions in the overseas market you are targeting. justify your recommended entry strategy based on these industry and market conditions.

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How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.