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d1i1m1o1n [39]
3 years ago
10

Brett wants to paint his master bedroom. The paint costs $21 per gallon and the primer costs $15 per gallon. He does not want to

exceed $185 for the paint and primer. He has determined that he needs at least 5 gallons of paint and primer in total. If p represents the number of gallons of paint and r represents the number of gallons of primer, which system of inequalities represents Brett’s situation?
Business
1 answer:
ivann1987 [24]3 years ago
4 0

Answer:

21p + 15r \leq 185

p + r \geq 5

Explanation:

Two inequalities can be derived from the question.

1. Total Cost Inequality

If paint (p) costs $21 per gallon, primer (r) costs $15 per gallon, and Brett does not want to exceed $185, we can represent this by the inequality below.

21p + 15r \leq 185.

This means total cost of paint and primer will be less than or equal to $185.

2. Total Quantity Inequality

Brett determined that he needs at least 5 gallons in total, and we represent this by the inequality below.

p + r \geq 5

This means total quantity of paint and primer must be greater than 5.

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Answer:

$100,340

Explanation:

<em>The amount of cost recorded in the asset account would be:</em>

List price                                    $93,000

Less: Discount ($93,000*2%)   $1,860

Add: Freight                               $3,800

Add: Installation&Testing          <u>$5,400 </u>

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Note: Insurance cost is not included in the cost of the machine

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3 years ago
Base Electronics buys 5,000 shares of stock in Blue Mission Company for $10 per share on January 2 of the current year. Base own
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Answer:

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Explanation:

Since Base owns 34% of Blue, they should record 34% of Blue's net income = $100,000 x 34% = $34,000

December 31

Dr Equity Investments account (Blue Mission) 34,000

Cr Revenue from Investments account 34,000

Equity investments account is an asset account and it increases, therefore it should be debited.

Revenue from investments is a revenue account and all revenue is credited.

7 0
3 years ago
The responsibility report for the Augusta Division shows budgeted contribution margin of $2,000,000 and budgeted controllable fi
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Answer:

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Explanation:

The Augusta Division was supposed to earn a net profit of $1,000,000 (= $2,000,000 - $1,000,000). Since the division's manager and his/her team were able to cut reduce fixed costs to $900,000 and increase contribution margin to $2,100,000 (either by increasing selling price or reducing variable costs), then the division earned a net profit of $1,200,000 (= $2,100,000 - $900,000). This net profit is 20% higher than expected, therefore the manager's (and his/her team's) overall performance was 20% above expectations.

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<h3>What is a Portfolio diversification?</h3>

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