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4 years ago

Food should be stored at least which distance from the floor?

1 answer:

8 0

I think the correct value to fill in the blank would be 6 inches. Food should be stored at least 6 inches off the floor and 18 inches from the walls in order to decrease the possible condensation in the food that is brought by the differences in the temperature between the surface and the container of the food.

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The price of gasoline is $2.50 per gallon at the closest gas station, but is only $2.30 per gallon at a gas station two miles aw

White raven [17]

Answer:

Explanation:

The opportunity cost is the cost that someone have when they decide to do something and not doing another thing. In this case, if she or he decides to go to the farther gas station the opportunity cost is in terms of time, because he or she could spend those minutes (from the actual position to the gas station) doing something else (for example, eating). Cost are also in terms of gas because the gas that he or she spent to go to that gas station, could be used to drive somewhere else.

8 0

3 years ago

PA12. LO 5.4Complete this production cost report:

Lubov Fominskaja [6]

Using weighted average method

Statement of equivalent units

Material Conversion

Units Units

Units transferred out 70,000 70,000

Add: Closing work-in-progress 25,000 6,250

Average divisor  95,000  76,250

Computation of cost per unit

Material Conversion

$ $

Cost of beginning work-in-progress 3,500 16,000

Cost added 25,000 45,000

Total cost  28,500  61,000

Material cost per unit = $28,500

95,000 units

= $0.30 per unit

Conversion cost per unit = $61,000

76,250 units

= $0.80 per unit

Value of units transferred out

Material = 70,000 x $0.30 = $21,000

Conversion = 70,000 x $0.80 = $56,000

Value of closing work-in-progress

Material = 25,000 x $0.30 = $7,500

Conversion = 6,250 x $0.80 = $5,000

Explanation:

In this case, we will obtain the average divisor by adding the ending work-in-progress to the units transferred out. Then, we will determine the total cost of material and conversion ,which is the aggregate of cost of opening work-in -progress and cost added during the year. We also need to obtain the unit cost of material and conversion, which is total cost of material and conversion divided by the average divisor.

Finally, we will value the units transferred out and ending work-in-progress at unit cost of material and conversion.

8 0

3 years ago

Assume a company expects to sell 2 million packages of Pop-Tarts Gone Nutty! in the first year after introduction but expects

elena55 [62]

Answer: launching the new product will be profitable.

Explanation:

Profitability of the new product calculation

Sales of the new product (pop tarts gone nutty) = 2000 000

Selling Price = $1.10

Variable costs = $ 0.35

Fixed costs = $ 700 000

First thing to do we need to compare number of expected units to sold (sales) against the number of units required to be sold to break even. This step is done to when check whether expected sales will be enough to at least reach the point where the business makes no profit or loss from the new product sales.

Break-even point = fixed costs / (selling price – variable costs)

= 700 000/ (1.30 – 0.60)

Break-even point = 1000 000 units

Expected sales are 2000 000 and break-even point sales unit are 1000 000. Expected sales are more than the sales required to break even.

We are now calculating if it is profitable for the firm to launch the new product Pop-Tart Gone nutty. We calculate profits for the firm if they launch the product and compare with profits without the products. With the launch of the new product 70% of buyers are buyers who normally purchase the existing Pop-tart flavors, therefore 1400 000 buyers (2000 000×70%) are cannibalized.

Sales unit for existing Pop Tart flavors = 300 000 000

Sales units of existing products after the launch of the new products = 300 000 -1400 000 = 298600 000

Profits margins from existing products (if new product is launched) = 298600000× (1.10-0.35) = 223950 000

Existing product profit margin = 2000000× (1.30-0.60) = 1400 000

Total profit with new product = 223950000 + 1400 000 = 225350 000

Profits without new product = 300 000 000 × (1.10-0.35) = 225000 000.

Profits when the new product is launched are higher. The launching the new product will be profitable.

Unit contributions and loss

New product unit contribution = 1.30 – 0.60 = 0.70

Existing products unit contribution = 1.10 – 0.35 = 0.75

Loss from existing products = 0.75 × 1400000 = 1050000.

The existing pop tart flavors will suffer a loss of $1050000 when some of the buyers go for the new product

5 0

4 years ago

Sarratt Corporation's contribution margin ratio is 70% and its fixed monthly expenses are $38,000. Assume that the company's sal

Ahat [919]

Answer:

The company's net operating income for May is $7,930

Explanation:

Sales revenue = $97,000

Variable costs

= $97,000 × (1 - 70%)

= $97,000 × 0.69

= $66,930

Fixed costs = $38,000

Therefore, net operating income = Sales - revenue - variable cost - fixed cost

= $97,000 - $66,930 - $38,000

= $7,930

3 0

3 years ago

In circumstances in which technology changes, employees may have to

Ugo [173]

Answer:

D) relocate to find work that fits their skills.

Explanation:

3 0

4 years ago