All 3 are dumb, but we gotta follow them.
Answer:
The blend should be made with 720 ml of Product A and 780 ml of Product B
Explanation:
We create excel solve to get the cheapest blend with the requirement givens by the customer:
A B C D E F
1 ml type $ alcohol $mix alcohol mix
2 720 Product A 7 0.95 5.04 0.456
3 780 Product B 3 0.78 2.34 0.4056
4 Total 7.38 0.8616
5 Sales Price 12.50
6 Gross Profit 5.12
Constrains:
A2 = integer
A2 > 1500 x 48/100
A3 > 500
F4 > 0.85
Answer:
1) We must follow the revenue recognition principle in order to determine whether these transactions represent one single performance obligation or three separate ones. If revenue can be recognized after each delivery has been made, then each transaction will be considered a separate performance obligation.
Personally, I believe that on November 8, 2018, $450,000 in revenue must be recognized since title of the goods passed from Bullseye to Schmidt. That means that the earning process had been realized. The same for the other transactions, so I would consider them 3 separate performance obligations.
2) total revenue for 2018:
November 8 = $450,000
December 27: $150,000
total = $600,000
Answer:
Production= $353,500
Sales= $151,500
Explanation:
Giving the following information:
The annual cost of computer services is $505,000.
The production department employs 35 employees, and the sales department employs 15 employees.
First, we need to calculate the proportion of employees in each department:
Production= 35/50= 0.7
Sales= 15/59= 0.3
Now, we can allocate overhead:
Production= 505,000*0.7= $353,500
Sales= 505,000*0.3= $151,500
