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aalyn [17]
3 years ago
9

o decide whether or not to buy a season ski pass. A daily pass costs ​$80. A season ski pass costs ​$450. The skier would have t

o rent skis with either pass for ​$25 per day. How many days would the skier have to go skiing in order to make the season pass less expensive than the daily​ passes?
Business
1 answer:
Nataly [62]3 years ago
8 0

Answer:

6 days

Explanation:

Given:

Cost of daily pass = $80

Cost of season ski pass = $450

Rent for the skis per day = $25

Let the number of days be 'x'

Thus,

Total cost with the daily pass = $80x + $25x = $115x

And,

Total cost with season pass = $450 + $25x

Now, in order to make the season pass less expensive than daily pass

the total cost with the season pass should be less than the total cost with the daily pass

Mathematically,

$450 + $25x ≤ $115x

or

$450 ≤ $115x - $25x

or

$450 ≤ 80x

or

x ≥ 5.625

i.e the skier should go to skiing atleast 6 days to make  the season pass less expensive than the daily​ passes

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Problem 10A specialty coffeehouse sells Colombian coffee at a fairly steady rate of 280 pounds annually. The beans are purchased
SOVA2 [1]

Answer:

The computations are shown below:

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{280}\times \text{\$45}}{\text{\$0.48}}}

= 229 units

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= $2.40 × 20%

b. Time between placement of orders is

= Economic order quantity ÷Annual demand

= 229 ÷ 280

= 0.8179 years

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= 0.8179 × 365 days

= 298.53 days

We assume 365 days in a year

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= Holding cost + ordering cost

= (Economic order quantity ÷ 2 × Holding cost)  + (Annual demand ÷ Economic order quantity × ordering cost)

= (229 units ÷ 2 × $0.48) + (280 ÷ 229 units × $45)

= $54.96 + $55.02

= $109.98

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= Demand × lead time + safety stock

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Z-Mart appropriately uses the installment sales method of accounting for its installment sales. During 2013, Z-Mart made install
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Answer:

                                        Dr.                  Cr.

Sale

Account Receivable    $300,000

Inventory                                          $210,000

Deffered Gross Profit                      $90,000

Payment Receipt

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Account Receivable                        $135,000

Profit Recognition

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Relaized Gross Profit                      $40,500

Explanation:

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5 0
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