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photoshop1234 [79]
3 years ago
7

A local restaurant has promised to provide a combination of hamburger meal and hot dog meal at a local fundraiser. They have pro

mised no fewer than a total of 100 meals. Their capacity is a maximum of 200 meals. The restaurant management has decided that number of hamburger meals cannot be less than the number of hotdog meals. The cost of a hamburger meal is $3 whereas the cost of a hotdog meal is $2. The restaurant wants to minimize their cost. How many hamburger and hotdog meals should they produce
Business
1 answer:
Bezzdna [24]3 years ago
6 0

Answer:

Minimize Z = 3x + 2y

Explanation:

Let x represent hamburger meal and let y represent hot dog meal. The objective is to minimize the total cost. The objective function will be

Z = 3x + 2y

The maximum capacity of restaurant is 200 meals while it has minimum cap for 100 meals.

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Barefoot Running​ Company's work in process inventory on June 1 has a balance of​ $22,900 representing Job No. 265. During​ June
Sedbober [7]

Answer:

$4,850 under allocated

Explanation:

Giving the following information:

Manufacturing overhead is allocated at​ 130% of direct labor cost.

The actual manufacturing overhead costs incurred in June amounted to​ $41,300.

Job No. 265:

Direct labor= $35,500

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 1.3*35500= $46,150

Over/under allocation= real MOH - allocated MOH= 46150 - 41300= $4,850 under allocated

3 0
4 years ago
allowance,a paycheck,gifts and gains from an investment are examples of a.icome b.expences c.wealth d.philanthropy
Maksim231197 [3]
I think its D). Philanthropy means the love of mankind. In this case an allowance means you generously giving money to your child because you care about them and their happiness. a paycheck means you care for your employees, and gifts come from the heart.
4 0
3 years ago
Read 2 more answers
Harvey is a self-employed accountant with earned income from the business of $120,000 (after the deduction for one-half of his s
Finger [1]

Answer:

The maximum amount Harvey can contribute to his retirement plan in 2019 is $30,000.

Explanation:

According to Keogh plan the maximum amount Harvey can contribute to his retirement plan in 2019 is 25% over the amount Harvey earned Or 53,000 Whichever is less.

Thus,

Harvey is a self-employed accountant with earned income from the business of $120,000 and its 25% is $30,000.

4 0
3 years ago
Define APV. How does it differ from NPV?Identify and discuss at least two other business valuation models that are popular.
Anna11 [10]

Answer:

Explanation:

Adjusted Present Value (APV) and Net Present Value (NPV) are  tools used in valuation of business operations or business projects. APV differs from NPV as the former uses cost of equity as the discount rate whereas the latter uses the WACC(weighted average cost of capital). Other business valuation methods are Payback period which is used to determine the number of years it takes for a project's future cashflows to fully recover the initial amount invested. Another example is Internal Rate of Return (IRR) which is the rate that determines how attractive a project; that which makes the NPV equal to zero.

4 0
4 years ago
Match the job descriptions with the job titles.
Marina CMI [18]

Answer:

See below

Explanation:

The job description is a document that shows the duties, responsibilities, and skills to perform a specific role. For example;

<u>Negotiate insurance settlement- </u><u>Claim adjuster</u>

The claim adjuster gathers reports and facts to the insurer.

<u>Certifies the financial record of the business-</u><u> Auditor</u>

An auditor ensures the reports and records are well examined in an organization.  He or she verify the assets and liabilities.

<u>Help a company build a positive image in the media-</u><u> Public relation specialist.</u>

Public relations help in building trust and creating awareness about the organization.

<u>Negotiates the rates for transportation of goods- </u><u>Cargo and flight agent</u>

cargo and flight agents ensure that shipments are delivered on time, and fees are collected.

6 0
3 years ago
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