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Natali5045456 [20]
3 years ago
14

A restaurant served 27,000 customers in 2012. in 2014, the restaurant served 28,400 customers. write a linear model that represe

nts the number yy of customers that the restaurant serves xx years after 2012. use the model to predict the number of customers that the restaurant will serve in 2020.
Business
2 answers:
Fudgin [204]3 years ago
4 0

You would first need to determine the increase in the number of customer served each year, inferred by the number of customers served in 2014 less the customers served in 2012, divided by 2 to determine single year growth. This gives us: (28,400 - 27,000) /2 = 700 There is a growth of 700 customers /year. Next, formulate the linear model with this information: y = 700x + 27,000 where x is (model year - 2012). Therefore, the number of customers in the year 2020 would be: y = 700x + 27,000 y = (700 * (2020 - 2012)) + 27,000 y = (700 * 8) + 27,000 y = 5,600 * 27,000 = 32,600 customers served in 2020

Kitty [74]3 years ago
3 0
<span>You would first need to determine the increase in the number of customer served each year, inferred by the number of customers served in 2014 less the customers served in 2012, divided by 2 to determine single year growth. This gives us: (28,400 - 27,000) /2 = 700 There is a growth of 700 customers /year. Next, formulate the linear model with this information: yy = 700xx + 27,000 where xx is (model year - 2012). Therefore, the number of customers in the year 2020 would be: yy = 700xx + 27,000 yy = (700 * (2020 - 2012)) + 27,000 yy = (700 * 8) + 27,000 yy = 5,600 * 27,000 = 32,600 customers served in 2020</span>
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3 0
2 years ago
Lusk Corporation produces and sells 14,300 units of Product X each month. The selling price of Product X is $25 per unit, and va
zloy xaker [14]

Answer:

Annual financial disadvantage = $ (669,600)

Explanation:

Relevant cost are future incremental cash costs that arise as a direct consequence of a decision.

The relevant costs of this decision to disconnected includes the following:

  1. The variable cost of making the product = $19 per unit
  2. Sales revenue at a price of $25
  3. Savings in  avoidable fixed costs (102,000-72,000) = 30,000

Annual financial advantage                                

                                                                       $

Lost contribution $(25-19)× 4,300 units =   (85,800)

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M<em>onthly net loss                                            </em><em><u> 55,800</u></em>

Annual financial disadvantage

Monthly net loss × 12 months

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4 0
3 years ago
Oriole Company purchased equipment for $41600. Sales tax on the purchase was $2496. Other costs incurred were freight charges of
Aleksandr [31]

Answer:

The cost of the equipment is <u>$45,416</u>.

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The cost of the equipment includes costs such as purchase price, tax paid on the purchase, installation costs, etc.

However, any cost incurred to repair any damage to an equipment during installation is not part of equipment cost. Such repair costs are just ordinary expenses that are charged to the income statement during the period.

Based on the explanation above, the cost of the equipment by Oriole Company can be calculated as follows:

Equipment cost = Purchase price + Sales tax + Freight charges + Installation costs ..................... (1)

Since,

Purchase price = $41,600

Sales tax on the purchase = $2.496.

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Substituting the values into equation (1), we have:

Equipment cost = $41,600 + $2,496 + $624 + $696 = $45,416

Therefore, the cost of the equipment is <u>$45,416</u>.

5 0
3 years ago
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