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VashaNatasha [74]
3 years ago
11

Sarah Meeham blends coffee for​ Tasti-Delight. She needs to prepare 170 pounds of blended coffee beans selling for ​$3.76 per po

und. She plans to do this by blending together a​ high-quality bean costing ​$5.00 per pound and a cheaper bean at ​$2.00 per pound. To the nearest​ pound, find how much​ high-quality coffee bean and how much cheaper coffee bean she should blend
Business
1 answer:
NNADVOKAT [17]3 years ago
4 0

Answer:

The quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.

Explanation:

Let the quantity of high-quality coffee bean = x

The price of high-quality bean = $5 per pound.

Let the cheaper coffee bean = y

The price of cheaper coffee bean = $2 per pound.

So, from the equation there are two equation can be formed.

x + y = 170

5x + 2y = 170×3.76

Now, solve both the equation for the value of x and y.

x + y = 170

x = 170-y

now insert, x = 170 – y in the below equation.

5x + 2y = 170×3.76

5 (170 – y) + 2y = 639.2

850 – 5y + 2y = 639.2

-3y = 639.2 – 850

- 3y = -210.8

y = 70.26 or the 70

now insert 70 in x = 170-y.

x = 170 – 70

x = 100

Thus, the quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.

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Six-packs of soda, cartons of eggs, and three-packs of paper towels are all examples of products sold using a block pricing strategy.

A product is an object, system, or service provided to consumers on demand. That's all we can offer to the market to meet your wants and needs.

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2 years ago
The following revenue and expense account balances were taken from the ledger of Wholistic Health Services Co. after the account
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Answer:

Wholistic Health Services Co.

Income Statement for the year end February 28, 2019

Service Revenue                           $270,900

Less: Supplies Expense                <u>$3,000    </u>

Gross Income                                  $267,900

Less operating Expenses:

Insurance Expense         $4,000

Depreciation Expense    $9,000

Miscellaneous Expense $6,000

Utilities Expense             $1,760

Rent Expense                  $4,200

Wages Expense              <u>$213,000</u>

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Net Income                                    <u>$29,940  </u>    

Explanation:

Income statement shows the performance of the company in a year. It provides the details of revenue, expenses and profits for the year. All the expenses are deducted from the revenue to determine the net earning of the business.

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An elastic demand can be regarded as the demand whereby change in quantity demanded due to a change in price is large.

An inelastic demand entails change in quantity demanded due to a change in price is small.

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2 years ago
All of the following are true regarding the guaranteed insurability rider except
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Option (C)

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Solomon Ski Company manufactures snow skis. During the most recent accounting period, the company’s finishing department transfe
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The various costs for Solomon Ski Company during the recent accounting period are determined as follows:

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