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tigry1 [53]
3 years ago
10

Laura is a gourmet chef who runs a small catering business in a competitive industry. laura specializes in making wedding cakes.

laura sells 20 wedding cakes per month. her monthly total revenue is $5,000 and her average variable costs are $180. the marginal cost of making a wedding cake is $200. in order to maximize profits, laura should:
Business
1 answer:
quester [9]3 years ago
8 0
<span>Laura should both reduce her variable costs and increase her total revenue. If she charged 10% more ($275 instead of $250) and reduced her variable costs by 10% ($162 instead of $180), she would nearly double her profits. She would profit $93 per cake compared to her current $50.</span>
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On January 1, 2021, Splash City issues $340,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and
Evgesh-ka [11]

Answer:

Dr cash                                          $310,831

Dr discount on bonds payable   $29,169

Cr bonds payable                                             $340,000

On 30th June 2021

Dr  interest expense      $ 15,542  

Cr cash                                            $15,300

Cr discount on bonds payable        $242

On 31st   December  2021

Dr  interest expense      $ 15,554  

Cr cash                                            $15,300

Cr discount on bonds payable        $254

Explanation:

The bond issued at a discount is the first bond whose cash proceeds of $310,831 were less than face value of $340,000.

Discount=face value -cash proceeds=$340,000-$310,831=$29,169.00  

Find attached bond amortization schedule.

Download xlsx
7 0
4 years ago
Another bank is also offering favorable terms, so Rahul decides to take a loan of $18,000 from this bank. He signs the loan cont
yanalaym [24]

Answer:

Explanation:

final loan amount = $18,455.86

so correct option is c. $18,455.86

Explanation:

given data

loan = $18000

rate =  10%

time = 3 months

to find out

total amount that Rahul owes the bank at the end of the loan

solution

we know that number of day in 3 months is

number of day = 3 ×  

number of day = 91.25 days

loan rate =  

loan load = 0.00027397

now final loan amount will be

final loan amount = loan amount ×        

final loan amount = $18000  ×    

final loan amount = $18,455.86

so correct option is c. $18,455.86

7 0
3 years ago
standards are blank . multiple select question. set for each major production input or task benchmarks for measuring performance
lesya [120]

Standards are set for each major production input or task, benchmarks for measuring performance and compared to the actual quantities and costs of inputs. Thus, option first, third and fourth are correct.

<h3>What is the meaning of performance?</h3>

The act of executing a ceremony, play, piece of music, and so on. The execution or achievement of work, actions, feats, and so on. It is a specific action, deed, or process.

Standards are established for each massive production input or job, serving as benchmarks for monitoring performance and being compared to real input amounts and prices. As a result, options one, three, and four are correct.

Learn more about performance here:

brainly.com/question/15466511

#SPJ1

6 0
1 year ago
Willis Rusch recently purchased a 5-pound box of treats for his dog. The total purchase price was $4.87.What was the price per p
krek1111 [17]

Answer

The cost of the one pound of the box is $0.974.

Explanation:

As given

Willis Rusch recently purchased a 5-pound box of treats for his dog.

The total purchase price was $4.87 .

i.e

Cost of 5- pound box = $4.87

Thus

Price\ per\ pound = \frac{Total\ cost\ of\ 5\ pound\ box}{Total\ box}

Putting the values in the above

Price\ per\ pound = \frac{\$ 4.87}{5}

                                     = $ 0.974

Therefore the cost of the one pound of the bos is $0.974.

8 0
3 years ago
hile monitor is a type of _______ role, negotiator is a(n) ______ role. informational; interpersonal interpersonal; decisional d
boyakko [2]

Answer:

Informational; Decisional

Explanation:

While monitor is a type of<u> informational </u>role, negotiator is a <u>decisional</u><u> </u>role.

The managerial role is basically categorized into three types:

  • Interpersonal roles.
  • Informational role.
  • Decisional role.

These roles further characterized by different jobs for better performance and better co-ordination.

The interpersonal role has a different category of jobs: Figurehead, Leader and Liaison.

The informational role has three different categories of jobs: Monitor, Dissemintor and spokesperson.

The decisional role has four jobs category: Entrepreneur, disturbance handler, resource allocator and negotiator.

7 0
4 years ago
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