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11Alexandr11 [23.1K]
3 years ago
14

Question Number 9 At the end of the day, a local bakery sold 83 cakes and had to throw out 7 cakes due to baking errors. Each ca

ke cost the bakery $6.25 to make. The bakery, in turn, sold each cake for $12.75. What was the total profit earned by the bakery today?
Business
1 answer:
IgorC [24]3 years ago
7 0

Answer:

The profit earned by the bakery is $ 495.75

Explanation:

Data provided:

The number of cakes sold by the bakery = 83

The number of cakes thrown out = 7

Cost of each cake = $ 6.25

Selling cost of each cake = $ 12.75

Now,

the total sales value for the bakery = cakes sold × selling Cost of each cake

or

the total sales value for the bakery = 83 × $ 12.75 = $ 1,058.25

Now,

the total cost of making the cakes

= (cakes sold + cakes thrown) × Cost of each cake

or

= ( 83 + 7 ) × $ 6.25

or

= $ 562.5

Therefore,

the total profit earned by the bakery at the end of the day

= total sales value - total cost of making

or

= $ 1,058.25 - $ 562.5

= $ 495.75

Hence, the profit earned by the bakery is $ 495.75

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Answer:

Option (a) is correct.

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A couple is interested in purchasing residential investment property, and they have informed their sales associate that they wan
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Answer:

option (D) Transaction broker

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Read 2 more answers
All of the following are forms of cognitive bias except:_____.
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Answer:

Option C would be the correct answer.

Explanation:

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The types of cognitive bias are almost as follows:

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The latter considerations provided are not closely linked to the case provided. So, the answer above is the right one.

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The entity that promises to make the interest and maturity payments for a bond issue is called the:.
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