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Verizon [17]
2 years ago
14

What is the variance in the number of orders? Product Analysis: Lamb Rack; Portion size = 12oz (EP); yield = 85% Opening Invento

ry (lbs.) 100 Ending Inventory (lbs.) 110 Purchases (lbs.) 200 # Sold 200 Meal selling price $18.95 Purchase cost (lbs.) $11.00
Business
1 answer:
STatiana [176]2 years ago
6 0

Answer:

Explanation:

From the information given:

The number of portion size that can be gotten from one pound = 16/12

= 1.33

Given that the yield is 85%, therefore, the actual portions can now be:

= 1.33 × 0.85

= 1.133

However, the average meat used = Purchase + opening inventory - ending inventory

the average meat used = 200 + 100 - 110 = 190

The number of orders from 190 lbs = 1.133 × 190 = 215.27

The number of orders from 190 lbs = 215.27

The real purchases = 200

Thus; variance = 200 - 215.27

variance =  -15.27

Thus, approximately 15 orders are found to be lesser.

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Over the course of a day, fans pour into a NASCAR venue at the rate of 8,000 people per hour. The average rate at which fans lea
bezimeni [28]

Answer:

Must be exactly 8,000 people per hour.

Explanation:

Flow rate or throughput is the rate at which customers, goods, or services flow though a business process. It is usually measured as an average number of units that pass through a process per unit time.

In this scenario the people that entered the NASCAR venue were 8,000 people per hour.

So when people are coming out of the NASCAR venue average rate of flow out must be 8,000 people per hour.

The rate of units entering a business process must be equal to rate of units coming out per unit time.

8 0
3 years ago
1. Under a shipment contract, the seller is required only to the goods into the hands of a carrier and title passes to the buyer
taurus [48]

Answer:

<h2>1) The answer is option a) or True.</h2><h2>2) Generally all contracts are assumed to be <u>Shipment </u> contracts if nothing to the contrary is stated in the contract.</h2><h2>3) The seller is required to deliver the goods to a particular destination in a destination contract,usually directly to the <u>buyer</u><u>.</u></h2><h2>4) The answer is option a) or True.</h2><h2 />

Explanation:

  1. A shipment contract mandates that the seller of any good or service is obligated to deliver the specified shipment to a common carrier for delivery to the buyer but not directly to the buyer's destination.Under  the shipment contracts,the seller is not responsible for the condition of the shipment or package during the delivery point and time to the buyer.
  2. If nothing is specifically mentioned in the contract regarding the delivery of the shipment,it assumably qualifies as a shipment contract and the seller is only liable to dispatch the shipment to the transportation carrier and not obligated to send it directly to the buyer's destination.
  3. Under a destination contract,the seller is officially obligated to dispatch the concerned goods or shipment directly to the buyer's actual destination.Hence,the seller's obligation is incomplete until the shipment subsequently reaches the buyer's destination.
  4. For destination contract,at the point of delivery,the burden of risk and title associated with the condition and ownership of the specified shipment is passed onto the buyer and seller is not officially or legally liable regarding the same.
3 0
3 years ago
Andrea won the miss illinois beauty pageant the year she graduated from college. knowing this, the amount of money she will earn
xxMikexx [17]
Andrea won the Miss Illinois beauty pageant the year she graduated from college. Knowing this, the amount of money she will earn over the course of her adult lifetime is most likely to be MORE THAN that of her peers.

Since she has already won a beauty pageant, it is absolutely clear that she will ear more money than her peers. She will be a unique student among her peers. She might be offered modelling or ad films because of her victory.
5 0
3 years ago
When companies set their dividend payout, they generally aim for a rate that is?
Svet_ta [14]
The companies set their dividend payout, they generally aim for a rate that is when it is sustainable. <span>The </span>dividend payout<span> ratio is the amount of </span>dividends<span> paid to stockholders relative to the amount of total net income of a company. The amount that is not paid out in </span>dividends<span> to stockholders is held by the company for growth. The amount that is kept by the company is called retained earnings.</span>
8 0
2 years ago
Allowance for Doubtful Accounts has a debit balance of $500 at the end of the year, before adjustment, and uncollectible account
tigry1 [53]

Answer: c. $18,000

Explanation:

Provision for doubtful accounts estimate;

= 600,000 * 3%

= $18,000

This is the Percentage of sales method and it ignores the existing balance in the Provision for doubtful accounts using only the estimate provided.

8 0
3 years ago
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