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kirza4 [7]
3 years ago
11

A grocery store manager must decide how to best present a limited supply of milk and cookies to its customers. Milk can be sold

by itself for a profit of $1.50 per gallon. Cookies can likewise be sold at a profit of $2.50 per dozen. To increase appeal to customers, one gallon of milk and a dozen cookies can be packaged together and are then sold for a profit of $3.00 per bundle. The manager has 100 gallons of milk and 150 dozen cookies available each day. The manager has decided to stock at least 75 gallons of milk per day and demand for cookies is always 140 dozen per day. To maximize profits, how much of each product should the manager stock. Which of the following is the constraint that limits the amount of milk the store will use (both in bundles and sold separately) each day
Business
1 answer:
NemiM [27]3 years ago
5 0

Answer:

m + b ≤ 100 (100 gallons of milk available per day)

Explanation:

there are no options available, so I will prepare my own equations:

the profit function = 1.5m + 2.5c + 3b

where m = gallon of milk, c = dozen of cookies, b = bundle

we need to maximize profits, therefore the constraints will be:

  • m + b ≤ 100 (100 gallons of milk available per day)
  • c + b ≤ 150 (150 dozen cookies available per day)
  • m + b ≥ 75 (at least 75 gallons of milk are stocked per day)
  • c + b = 140 (daily demand for dozens of cookies)
  • m + c + b ≥ 0 (demand is positive)

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matrenka [14]

Answer:

The correct answer is $1,620.45

Explanation:

According to the scenario, the computation of the given data are as follows:

Time period (Nper) = 30 years

Face value (FV) = $1,000

Rate (r) = 7%

Coupon payment = $1,000 × 12% = $120

So, by putting all these in the financial formula, we get

The attachment is attached below.

So, the current price of the bond is $1,620.45.

8 0
3 years ago
Draft an email to be sent to all of your colleagues announcing the transition to a formal on-boarding process for all new employ
Misha Larkins [42]

There will be a formal on-boarding process for all new employee so as to learn the  structure and culture of the organization for a standardized process.

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6 0
2 years ago
Data for Corporation and its two divisions, Domestic and Foreign, appear below:
Oksana_A [137]

Answer:

the segment margin for the Domestic division is $162,200

Explanation:

The computation of the segment margin is as follows:

Segment Margin is

= Sales Revenues, Domestic - Variable Expenses, Domestic - Traceable Fixed Expenses, Domestic

= $541,000 - $314,000 - $64,800

= $162,200

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6 0
3 years ago
On June 10, Purcey Company purchased $6,000 of merchandise from Guyer Company, terms 3/10, n/30. Purcey pays the freight costs o
algol [13]

Answer:

Part A. Entries in Purcey Company:

On June 10:

Debit Merchandise $6,000

Credit Accounts Payable $6,000

On June 11:

Debit Freight in $430

Credit Cash $430

On June 12:

Debit Accounts Payable $700

Credit Merchandise $700

On June 19:

Debit Accounts Payable $5,300

Credit Purchase discount $159

Credit Cash $5,141

Part B. Entries in Guyer Company:

On June 10:

Debit Account Receivable $6,000

Credit Sales $6,000

Debit Cost of goods sold $2,430

Credit Merchandise $2,430

On June 12:

Debit Sales $700

Credit Account Receivable $700

Debit Merchandise $260

Credit Cost of goods sold $260

On June 19:

Debit Cash $5,141

Debit Sales Discount $159

Credit Account Receivable $5,300

Explanation:

Credit terms of 3/10, n/30 means that 3% discount for the payment within 10 days and the full amount to be paid within 30 days.

Part A. Entries in Purcey Company:

On June 10:

Debit Merchandise $6,000

Credit Accounts Payable $6,000

On June 11:

Debit Freight in $430

Credit Cash $430

On June 12:

Debit Accounts Payable $700

Credit Merchandise $700

On June 19:

Purcey pays and takes the appropriate discount:

3% x ($6,000 - $700) = $159

Cash Guyer Company receives: $5,300-$159 = $5,141

The journal entry that Purcey make:

Debit Accounts Payable $5,300

Credit Purchase discount $159

Credit Cash $5,141

Part B. Entries in Guyer Company:

On June 10:

Debit Account Receivable $6,000

Credit Sales $6,000

Debit Cost of goods sold $2,430

Credit Merchandise $2,430

On June 12:

Debit Sales $700

Credit Account Receivable $700

Debit Merchandise $260

Credit Cost of goods sold $260

On June 19:

Debit Cash $5,141

Debit Sales Discount $159

Credit Account Receivable $5,300

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