1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Wewaii [24]
3 years ago
10

Mark and julie are going to sell brownies and cookies for their third annual fundraiser bake sale. In one day, mark can make 40

brownies or 20 cookies, and julie can make 15 brownies or 15 cookies. With specialization, how many brownies and cookies will be made in one day for the bake sale?
Business
1 answer:
professor190 [17]3 years ago
6 0

Answer: 40 brownies and 15 cookies

Explanation:

Mark can make 40 brownies or 20 cookies

Opportunity cost of brownie for Mark = \frac{20}{40} = 0.5

Julie can make 15 brownies or 15 cookies.

Opportunity cost of brownie for Julie = \frac{15}{15} = 1

So, Mark has a comparative advantage in making brownies. So, mark will produce a total of 40 brownies and Julie will make a total of 15 cookies.

You might be interested in
Suppose the college administrators estimate that the beautification initiative will cost $2,040. To decide whether the initiativ
tekilochka [14]

Answer:

420 x 12 = 5,040

Explanation:

Because the estimated benefit is greater than the cost, the college administrators should undertake the beautification initiative.

8 0
3 years ago
Pollution control equipment for a pulverized coal cyclone furnace is expected to cost $190,000 two years from now and another $1
alexandr1967 [171]

Answer:

$212,882.75

Explanation:

Cost from 2 years now = $190,000

Cost from 9 years now = $120,000

Interest rate = 9% Quarterly

Present Worth = Cost from 2 years now*[1/(1+interest/m)^nm] * Cost from 2 years now*[1/(1+interest/m)^nm]

Present Worth = 190,000*[1/(1+0.09/4)^2*4] + 120,000*[1/(1+0.09/4)^9*4]

Present Worth = 190,000*[1/(1.0225)^8] + 120,000*[1/(1.0225)^36]

Present Worth = 190,000*[1/1.19483] + 120,000*[1/2.22782]

Present Worth = 190,000*0.83693915 + 120,000*0.4488693

Present Worth = 159018.4385 + 53864.316

Present Worth = 212882.7545

Present Worth = $212,882.75

Thus, the amount to invest to cover these cost is $212,882.75

5 0
2 years ago
For a company using target costing, market price minus profit equals target price.
Sav [38]

Answer:

The answer is false

Explanation:

Market price minus profit equals target cost and not target price.

6 0
3 years ago
ABC Software is a producer of educational software for children below the age of twelve. The company has operations in Switzerla
igomit [66]

Answer:

Would not exercise its currency option

Explanation:

Currency options are one of the most common ways for corporations , individuals or financial institutions to hedge against adverse movements in exchange rates.

A currency option is a contract that gives the buyer the right , but not the obligation, to buy or sell a certain currency at a specified exchange rate on or before a specified date.

5 0
2 years ago
Read 2 more answers
The standard number of hours that should have been worked for the output attained is 6,000 direct labor hours and the actual num
LenKa [72]

Answer:

Actual Rate= $9.5  per hour

Explanation:

Giving the following information:

Actual number of hours= 6,300

Direct labor price variance= $3,150 unfavorable

Standard rate= $9 per direct labor hour

<u>To calculate the actual rate, we need to use the direct labor rate (price) variance formula:</u>

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

-3,150 = (9 - Actual Rate)*6,300

-3,150 = 56,700 - 6,300Actual Rate

-59,850 = -6,300Actual Rate

-59,850/-6,300 = Actual Rate

$9.5 = Actual Rate

4 0
2 years ago
Other questions:
  • When a company uses data from questionnaires and surveys to determine customer preferences, it is utilizing the _____ marketing
    5·2 answers
  • i. Lawyers are changing their pay structures. It used to be that they would bill hourly (top dollar for top lawyers, less experi
    6·1 answer
  • Which of the following responsibilities must be assumed by the management of a company?
    13·1 answer
  • Travis Company purchased merchandise on account from a supplier for $5,700, terms 2/10, net 30. Travis Company paid for the merc
    11·1 answer
  • What are the benefits of voip​
    5·1 answer
  • Sheridan Company manufactures one product. On December 31, 2019, Sheridan adopted the dollar-value LIFO inventory method. The in
    10·1 answer
  • Which of the following does not describe a trial balance? a. Proves that all transactions have been recorded b. Proves the mathe
    15·1 answer
  • If different types of parol evidence contradict each other, this is the hierarchy of what prevails:
    9·1 answer
  • Which of the following statements about oligopoly is FALSE: A. Oligopolies have a tendency to collude and form cartels in order
    14·1 answer
  • What product does the united states export the most to pacific basin countries?.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!