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3 years ago

Abica Roast Coffee Company produces Columbian coffee in batches of 6,000 pounds. The

Business

1 answer:

aalyn [17]3 years ago

6 0

Answer:

no further further differential

processing processing amount

price per pound $8.40 $10.00 $1.60

materials $5 $5.25 ($0.25)

processing costs $0 = $9,450 / ($1.66)

5,700 = $1.66

operating profit per $3.40 $3.09 ($0.31)

pound

The company should sell coffee without any further processing, just sell it as normal Colombian coffee.

In order to eliminate the financial disadvantage of processing further the decaf coffee, the the price should be $10 + $0.31 = $10.31 per pound.

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2 years ago

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On January 1, Puckett Company paid $1.6 million for 50,000 shares of Harrison’s voting common stock, which represents a 40 perce

Marysya12 [62]

Answer:

The $1,724,000 is the investment amount which is to be recorded as of December 31.

Explanation:

For computing the investment income, the calculation is shown below:

= Paid value + net income percentage - dividend

where,

Paid value= $1.6 million

Net income percentage = Net income × percentage

= $560,000 × 40%

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And, dividend = number of shares × per share

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3 years ago

What effect does the availability of many substitutes have on the elasticity of demand for a good?

zepelin [54]

The availability of many substitutes increases the elasticity of demand for a good. With the presence of substitutes the consumer has more options to seek out if there are price changes, therefore, the consumer is highly responsive to price changes and thus the elasticity of the demand curve is higher if there are many substitutes.

4 0

2 years ago

Pfizer Inc., a pharmaceutical company, reported net income for fiscal 2016 of $7,215 million, retained earnings at the start of

Kisachek [45]

Answer:

$71,774 million

Explanation:

Given that,

Beginning retained earnings = $71,993 million

Net income = $7,215 million

Dividends = $7,448 million

Other transactions = $14 million

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= $71,774 million

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3 years ago

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Natasha_Volkova [10]

Answer: Socio-cultural

Explanation:

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3 years ago