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tia_tia [17]
3 years ago
15

The Wood Valley Dairy makes cheese to supply to stores in its area. The dairy can make 454 pounds of cheese per day (355 days pe

r year), and the demand at area stores is 62 pounds per day. Each time the dairy makes cheese, it costs $295 to set up the production process. The annual cost of carrying a pound of cheese in a refrigerated storage area is $1.01. Determine the minimum total annual cost.
Business
1 answer:
timurjin [86]3 years ago
8 0

Answer:

$245,277

Explanation:

The dairy makes 454 pounds per day of which only 62 pounds is sold, thus the extra pounds of cheese per day are (454-62) = 392.

Now, the dairy operated 355 days a year, hence the annual cost of storage is,

(355 * 392) * $1.01 => $140,552.

Now the setup cost is $295 a day, so the annual would be,

(295 * 355) => $104,725.

Hence the minimum total annual costs will be = 140552+104725 = $245,277.

Hope I made myself clear.

Thanks

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has a standard of 2 direct labor hours per unit. The standard wage rate of each worker is $32.50 per hour. In July, the company
ikadub [295]

Answer:

$130 Favourable

Explanation:

Given the above information,

Standard hours = 2 × 4770 = 9,540

Actual hours = 8,940

Standard rate = $32.50

Then, Direct labor efficiency variance is computed as

= ( Standard hours allowed for production - Actual hours taken) × Standard rate per direct labor hour

= [(2 × 4,770) - 8,940] × $32.50

= [9,540 - 8,940] × $32.50

= 600 × $32.50

= $130 Favourable

6 0
3 years ago
Mackenzie Bezos, the ex-wife of founder Jeff Bezos, owns a large number of Amazon's shares. Using the Bloomberg quote data in 6.
nekit [7.7K]

Answer: $48.26 billion

Explanation:

Mackenzie Bezos holdings will be the percentage of the shares she owns times the total Market Capitalization of Amazon.

Total Market Cap = $1,215.5 B

Mackenzie owns 3.97% of Amazon.

= 1,215.5 * 3.97%

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7 0
4 years ago
Fill in the blank question. A product has a selling price of $10 per unit, variable expenses of $6 per unit and total fixed cost
Trava [24]

The net operating income is $5,000.

<h3>What is the net operating income?</h3>

The net operating income is total revenue less direct and indirect expenses.

The net operating income = total revenue - variable expenses - fixed costs.

Total revenue is price per unit multiplied by the total quantity sold. The variable expense cost per unit multiplied by the total quantity sold.

(10,000 x $10) - (10,000 x $6) - $35,000

100,000 - 60,0000 - 35,000 = $5,000

To learn more about fixed cost, please check: brainly.com/question/25879561

6 0
2 years ago
Balance of payments accounts are the accounts in which a nation records its​ _____.
Kryger [21]

Answer:

Explanation:

The balance of payments accounts also known as balance of international payments, are the accounts in which a nation records, summarizes all transactions that a country's individuals, companies and government bodies complete with individuals, companies and government bodies outside the country. These transactions consist of imports and exports of goods, services and capital, as well as transfer payments, such as foreign aid and remittances.

A country's balance of payments and its net international investment position together constitute its international accounts.

The balance of payments divides transactions in two accounts: the current account and the capital account. Sometimes the capital account is called the financial account, with a separate, usually very small, capital account listed separately. The current account includes transactions in goods, services, investment income and current transfers. The capital account, broadly defined, includes transactions in financial instruments and central bank reserves. Narrowly defined, it includes only transactions in financial instruments. The current account is included in calculations of national output, while the capital account is not.

3 0
3 years ago
Sally, Greg, Juan, and Amar are working on a project for a customer that is aimed at cutting the client's electrical costs. The
creativ13 [48]

Answer: Option A

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Hence from the above we can conclude that the correct option is A.

3 0
3 years ago
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