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Anni [7]
3 years ago
7

The Crunchy Potato Chip Company sells chips in boxes with a net weight of 846 grams per box . Each box contains ten individual 3

-ounce packets of chips. Product design specifications call for the packet-filling process average to be set at 853 grams so that the average net weight per box will be 853 grams. Specification width is set for the box to weigh 846±12grams. The standard deviation of the packet-filling process is 5 grams per box. The production manager has just learned that the packet-filling process average weight has dropped down to 846 grams. Calculate process capability index.
Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

0.8

Explanation:

Given:

Number of chips contained in each box = 10

Weight of each packet of chips = 3 ounce

Average weight per box = 853 grams

Upper specification limit of the weight = 846 + 12 grams = 858 grams

Lower specification limit of the weight = 846 - 12 grams = 834 grams

Standard deviation, σ = 5 grams

Now,

Capability index = \frac{\textup{Upper limit - Lower limit}}{6\sigma}

or

Capability index = \frac{858 - 834}{6\times5}

or

Capability index = 0.8

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Ariana withdrew $400,000 out of her personal savings account and used it to start her new Internet cafe. The savings account pay
Vikki [24]

Answer:

The Ariana's accounting profit for the year was $6,000

Explanation:  

Accounting Profit : The accounting profit is that profit which records the difference of total revenues and total direct cost.

Where,

Total revenues includes sales revenues

And total cost includes monetary cost, etc.

So,

Accounting profit = Total revenues - Total cost

where

Total revenues = 2,000 × $2.5 + 4,000 ×$2.5 = $15,000

Monetary cost = $9,000

So,

Accounting profit = $15000 - $9000 = $6,000

Hence, the Ariana's accounting profit for the year was $6,000

7 0
3 years ago
A monopoly is considering selling several units of a homogeneous product as a single package. a typical consumer's demand for th
just olya [345]

Answer:

A. 15 units

B. $130

Explanation:

In order to solve this, we need to use the profit maximization condition for monopoly.

MR = MC will give us the optimal quantity and price for the monopolist.

The consumer's demand for the product is:

Qd = 80 - 0.5P

Therefore, we have:

P = (80 / 0.5) - (Qd / 0.5)

P = 160 - 2Qd

Recall that, Total Revenue:

TR = P * Q

So, in this case TR = 160Q - 2Q^2

MR = d(TR) / dQ = 160 - 4Q

Now, MR = MC

160 - 4Q = 100

4Q = 160 - 100

4Q = 60

Q = 60 / 4

Q = 15 units.

Now, P =160 - 2Q

P = 160 - 2(15)

P = 160 - 30 = 130

The optimal number of units to be placed in a package will therefore be 15 units while the firm should charge $130 for this package.

7 0
3 years ago
Tandy Company was issued a charter by the state of Indiana on January 15 of this year. The charter authorized the following: Com
Maslowich

Answer:

$327,400

Explanation:

Preparation of the stockholders' equity section of the balance sheet at the end of the year.

TANDY, INCORPORATED Balance Sheet (Partial) At December

TANDY, INCORPORATED

Balance Sheet (Partial)

At December 31, this year

Stockholders' equity:

Contributed capital:

Common stock $149,100

(21,300*$7)

Additional paid-in capital, common stock $106,500

[21,300 x (12-7)]

Common stock - Contributed capital $255,600

($149,100+$106,500)

Preferred stock $11,400

(1,900*$6)

Additional paid-in capital, Preferred stock $19,000

[1,900 x (16-6)]

Preferred stock - Contributed capital $30,400

($11,400+$19,000)

Total Contributed Capital $286,000

($255,600+$30,400)

Retained earnings $41,400

Total Stockholders' equity $327,400

($286,000+$41,400)

Therefore the stockholders' equity section of the balance sheet at the end of the year will be $327,400

5 0
3 years ago
Presented below are the ending balances of accounts for the Kansas Instruments Corporation at December 31, 2021.
dedylja [7]

Solution :

Current Assets

Cash                                                                     $ 20,000

Accounts receivable                                           $ 1,30,000

Less: Allowance for uncollectible accounts     - $ 13,000

Note receivable                                                    $ 100,000

Interest receivable                                                $ 3,000

Marketable securities                                           $ 32,000

Raw materials                                                       $ 24,000

Work in process                                                   $ 42,000

Finished goods                                                    $ 89,000

Prepaid Rent(Half of $ 60,000)                    <u>      $ 30,000      </u>

Total current assets                                             $ 4,57,000

Current Liabilities

Deferred revenue ($36,000/2)                           $ 18,000

Accounts payable                                                $ 1,80,000

Interest payable                                              <u>     $ 5000           </u>

Total current liabilities                                          $ 2,03,000

Working capital (4,57,000 - 2,03,000)           $ 2,54,000

8 0
3 years ago
The current rates for an 80/20 mortgages are 4.15% for the first mortgages and 9.75% for the second mortgage. On a $200,000 30 y
olganol [36]

Answer: The actual rate of the mortgage is 5.27%.

Since we're taking two mortgages for a total of $200,000 for 30 years, we can find the actual rate of the mortgage by finding the weighted average of the two rates. The weights in this case will be the proportion of loan taken at each rate

We have

Rates       Weights      Rates * Weights

4.15            0.80     4.15 * 0.80 = 3.32

9.75             0.20    9.75 * 0.20 = 1.95      

Total                                             5.27%  

5 0
3 years ago
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