How much would electricity cost for one year for a club restaurant and bar?
The cost for electricity for one year for a club restaurant and bar depends on a variety of factors. The local cost of electricity per kilowatt hour is one important factor, and the size of the club is another. Typically you can expect that the electricity will cost at least $1,000 a month.
Up to $700 for the license itself be it new or a transfer. Since this is for a club organization, rather than for strict restaurant or eatery, then there is no economic development fee, but if it is for economic development reasons, then it can incur a fee from $25000 to $50000 depending on the size of the county in which the retail dispensary would be located.
It will depend on a few different things. The first is what type of restaurant do you operate, the second is where your restaurant is located, and last are the amount of sales. I would also recommend dealing with an agency that specializes in restaurant insurance. There are numerous pitfalls, that many brokers can overlook if they are not dealing with the restaurant and food service industry regularly.
Electricity cost not a controllable cost. The manager cannot influence this type of expense. To the extent where a cost cannot be managed it is indeed a non controllable, now for electricity, to the extent where consumption can be raised or lowered it becomes a controllable cost. If the consumption can be optimized through processes or equipments it then is a controllable cost.
You can not expect somebody to answer this question unless you provide us with a little more background information, aka what type of business it will be. A restaurant is going to use more electricity than a hair salon etc. Size also matters in this case; a hot dog stand uses considerably less resources than a restaurant seating 100 people.
The variable portion of the semi variable cost of electricity for a manufacturing plant is a conversion cost?
yes A cost that attaches to the physical units is termed a product cost. Product costs would include direct materials, direct manufacturing labor, and manufacturing overhead. Conversion cost is the cost involved in converting the direct materials into a finished product. It is composed of direct manufacturing labor and manufacturing overhead. Any cost that does not attach to the physical units would be termed a period cost and would be expensed as incurred. Therefore, a…