Answer: The difference in daily profit by selling white bread instead of speciality bread is $22.
<u>Daily Profit from selling white bread:</u>
Selling Price per loaf $3
.0
Cost per loaf $1.5
Profit per loaf 
No. of units sold per day 52
Profit per day 
<u>Daily Profit from selling specialty bread:</u>
Selling Price per loaf $4.50
Cost per loaf $2.50
Profit per loaf 
No. of units sold per day 28
Profit per day 
Hence the difference in daily profit is 
Answer:
$50.57 ; $175,573.6
Explanation:
The computation of the fixed and variable portions of overhead costs based on machine-hours using high low method is shown below:
Variable cost per hour = (High Overhead cost - low overhead cost) ÷ (High machine hours - low service hours)
= ($581,145 - $503,775) ÷ (8,020 hours - 6,490 hours)
= $77,370 ÷ 1,530 hours
= $50.57
Now the fixed cost equal to
= High overhead cost - (High machine hours × Variable cost per hour)
= $581,145 - (8,020 hours × $50.57)
= $581,145 - $405,571.4
= $175,573.60
I think i is not right to base the productivity of the fisherman in per hour basis because fisherman goes to the sea and catch fish not on a daily basis. maybe the correct way to express it is per trip they go to the sea. because if it hourly basis then the productivity is very small.
First calculate the effective interest rate because the
problem says that the interest is compounded semi-annually. The formula for
effective interest rate is ieff= [(1+i/n)^n] – 1. The calculated effective
interest rate is 10.25%. The value of the investment in 5 years could be
calculated using the equation, FV= PV (1+i)^n. The value of the investment then would be $244,334.194.
Answer:
the annual financial advantage (disadvantage) for the company of eliminating this department is $18,500
Explanation:
the computation of the annual financial advantage (disadvantage) for the company of eliminating this department is as follows:
Annual financial Advantage (disadvantage) = $37000 - ($74000 - $18500)
= $37000 - $55,500
= $18,500
Hence, the annual financial advantage (disadvantage) for the company of eliminating this department is $18,500
