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gavmur [86]
3 years ago
11

The drama club is selling tickets to its play.

Business
1 answer:
alexdok [17]3 years ago
7 0
a) Four inequalities

- Variables:

number of adult tickets = a

number of student tickets = s

- An adult ticket costs $15 and a student ticket costs $11<span>

=> sale = 15a +</span><span> 11s

- The auditorium will seat 300 ticket-holders =>

(1) a + s ≤ 300

- The drama club wants to collect at least $3630 from ticket sale =>

(2) 15a + 11 s ≥ 3630

(3)  a ≥ 0

(4)  s ≥ 0 </span>


Graph

- Draw the s-axis, and highlight the positive part (s ≥ 0)

- Draw the a- axis, and highlight the positive part (a ≥ 0)

- Draw the line <span> a + s = 300 ; use the points (0,300) and (300, 0) which are the extremes of the line

- Shadow the region below the line (a + s ≤ 300)</span>

- Draw the line 15 a + 11 s = 3630; use the points (0, 242) and (330,0) which are the extrems of the line

- Shadow the region above the line (15a + 11s ≥ 3630)

The solution is the region that you shadowed twice: a triangle, located between the two inclined lines, at the left of the shadowed region.

b) List three combination of tickets that satisfy the inequalities

Choose some points that are in the solution region. For example:

1) s = 10, a = 250

2) s = 40, a = 240

3) s = 0, a = 300
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Answer:

<u>Income statement according to the absorption costing</u>

Sales                                                                                         2,600,000

Less Cost of Goods Sold

Opening Stock                                                          0

Add Cost of Goods Manufactured

Direct materials                                                   1,218,000

Direct labor                                                           522,000

Variable factory overhead                                     87,000

Fixed factory overhead                                        130,500

Less Closing Stock (1,957,500/4,350)×350      (157,500)       1,800,000

Gross Profit                                                                                   800,000

Less Period Costs :

Selling and administrative expenses:

Variable selling and administrative expenses                           (60,000)

Fixed selling and administrative expenses                                (25,000)

Net Income                                                                                    715,000

Explanation:

<em>Product/Manufacturing Cost - Absorption Costing = Direct Materials + Direct Labor + Variable Overheads + Fixed Overheads</em>

<em>Period Cost - Absorption Costing  = All Non - Manufacturing Costs</em>

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You do not have to impress others, your masterpiece could do the talking for you.

Hope this helps. Have a nice day!
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3 years ago
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When filing your tax return, the maximum amount you can deduct for a capital loss is $3,000(for individuals and married filing jointly) or $1,500 (for married filing separately).

<h3>What is a tax return?</h3>

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Answer:

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