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4 years ago

Exercise 9-16

Business

1 answer:

antiseptic1488 [7]4 years ago

7 0

Answer:

Loss on sale of delivery equipment = $3,700

Explanation:

The following journal entry to record the exchange for Sheridan’s Delivery Company.

Delivery equipment debit (fair value) $2,800

Loss on sale of delivery equipment debit $37,00 (Note - 1)

Accumulated depreciation debit $15,000

Delivery equipment (original cost) credit $21,500

Note: Calculation: Loss on sale of delivery equipment = cost price of delivery equipment - accumulated depreciation - disposal of delivery equipment.

Loss on sale of delivery equipment = $21,500 - $15,000 - $2,800.

Loss on sale of delivery equipment = $21,500 - $17,800

Loss on sale of delivery equipment = $3,700

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Explain why a business needs to keep variable costs low and high variable costs impact the business.

anastassius [24]

Answer:

if they have a high variable cost, the business will make no money and would probably start to loose money, to the point where they go out of business. So they have to keep the variable cost low, manufacture their products with a low price, and sell their products high to make money and keep the business going.

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During this stage, customers are growing more aware of the product and its benefits

creativ13 [48]

Answer:

The entity is in its growth stage of its life cycle.

Explanation:

There are typically four stages in the life cycle of a business, the following list is arranged from when the company is new to when it starts falling:

1. Introduction Stage

2. Growth Stage

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4 years ago

g Romans sells the Regular blend for $3.60 per pound and the DeCaf blend for $4.40 per pound. Romans would like to place an orde

Karolina [17]

Romans Food Market, located in Saratoga, New York, carries a variety of specialty foods from around the world. Two of the stores leading products use the Romans Food Market name: Romans Regular Coffee and Romans DeCaf Coffee. These coffees are blends of Brazilian Natural and Columbian mild coffee beans, which are purchased from a distributor from New York City. Because Romans purchases large quantities the coffee beans may be purchased om an as need basis for the price of 10% higher than the market price the distributor pays for the beans. The current market price is $0.47 per pound for Brazilian Natural and $0.62 per pound for Columbian Mild The composition of each coffee blend are as follows:

Bean Regular DeCaf Blend

Brazilian Natural 75% 40%

Columbian Mild 25% 60%

Romans sells the Regular blend for $3.60 per pound and the DeCaf blend for $4.40 per pound. Romans would like to place an order for the Brazilian and Colombian coffee beans that will enable the production of 1000 pounds of Romans Regular coffee and 500 pounds of Romans DeCaf coffee. The production cost is $0.80 per pound for the Regular blend. Because of the extra steps required to produce DeCaf, the production cost for the DeCaf blend is $1.05 per pound. Packaging costs for both products are $0.25 per pound. Formulate a linear programming model that can be used to determine the pounds of Brazilian Natural and Colombian Mild that will maximize the total contribution to profit.

Answer:

$\mathbf{Max \ Z = 2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD}$

Explanation:

From the given information:

The total revenue can be illustrated as :

Total revenue = 3.6 BR + 4.4 BD + 3.6 CR + 4.4 CD

On the other hand; the total cost of the beans is:

= 1.1 (0.47 BR + 0.47 BD + 0.62 CR + 0.62 CD)

= 0.517 BR + 0.517 BD + 0.682 CR + 0.682 CD

Also; The total production cost is :

= 0.8 BR + 1.05 BD + 0.8 CR + 1.05 CD

The total profit = Total revenue - Total Cost of Beans - Total Production Cost

The total profit = $\left[\begin{array}{}3.6 BR + 4.4 BD + 3.6 CR + 4.4 CD\\- (0.517 BR + 0.517 BD + 0.682 CR + 0.682 CD)\\-(0.8 BR + 1.05 BD + 0.8 CR + 1.05 CD)\end{array}\right]$

The total profit = 2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD

Therefore the linear programming model represents the Objective function of the total profit as:

$\mathbf{Max \ Z = 2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD}$

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olganol [36]

Answer:

Decrease; demand for shampoo.

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Dmitry_Shevchenko [17]

Answer:

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a. reason for purchase

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d. time considerations

e. physical surroundings

The correct answer is c. social surroundings.

Explanation:

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In this way, life expectancy and disease rates vary according to the education the person has received, the type of work they do and the income they receive month by month.

Government agencies often develop various plans to improve the social environment (that is, to provide the right conditions for the full development of the subject). Among the objectives proposed by this type of initiative are the creation of jobs, the improvement of quality and safety in the workplace, the mass access to social benefits and the increase in financing to attend the poorest regions.

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4 years ago