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Refer to Scenario 9.8 below to answer the question(s) that follow.
SCENARIO 9.8: Investors put up $1,040,000 to construct a building and purchase all equipment for a new gourmet cupcake bakery. The investors expect to earn a minimum return of 10 per cent on their investment. The bakery is open 52 weeks per year and sells 900 cupcakes per week. The fixed costs are spread over the 52 weeks (i.e. prorated weekly) . Included in the fixed costs is the 10% return to the investors and $2,000 in other fixed costs. Variable costs include $2,000 in weekly wages, and $600 per week in materials, electricity, etc. The bakery charges $8 on average per cupcake.
-Refer to Scenario 9.8. Total cost per week is
Rehabilitation Theory
A criminal justice theory advocating for the treatment of offenders in an effort to reintegrate them into society as law-abiding citizens.
Indeterminate Sentence
A sentence in criminal justice where the duration of imprisonment is not fixed but determined by an inmate's behavior and rehabilitation progress.
Retributivist
A theory of justice that believes punishment should be proportionate to the crime committed, based on the principle of just desert.
Restorative Justice
An approach to justice that emphasizes repairing the harm caused by criminal behavior through cooperative processes that include all stakeholders.
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