1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
eimsori [14]
3 years ago
15

Florissa's Flowers jointly produces three varieties of flowers in the same garden: tulips, lilies, and daisies. The flowers are

all watered via the same irrigation system and all receive the same amount of water; daisies require three times as much as lilies, and the water required for tulips is about halfway between the amounts needed for daisies and lilies. Although the lilies and tulips receive more water than they need due to the joint irrigation process, they are not hurt by the overwatering. The joint production cost of the three varieties of flowers is about $30 per harvest. Every harvest yields 10 tulips, 20 lilies, and 20 daisies
Allocate the joint costs of production to each product using the physical units method.

Joint Product Flowers per Harvest Proportion Joint Costs Allocation
Tulip % $ $
Lily %
Daisy %
Totals $

Which products receive the largest portion of the joint costs?
Business
1 answer:
blondinia [14]3 years ago
6 0

Answer:

Lily and Daisy

Explanation:

Joint product   Flowers per harvest   Proportion   Joint cost allocation

Tulip                              10                     20% (10/50)       $6 ($30*20%)

Lily                                20                     40% (20/50)      $12 ($30*40%)

Daisy                            20                     40% (20/50)      $12 ($30*40%)

Totals                           50                     100%                  $30

As per above results, both Lily and Daisy received the largest proportion of joint cost.

You might be interested in
The step in designing a customer value dash–driven marketing strategy in which a company divides a market into distinct groups o
Molodets [167]
<span>The step in designing a customer value dash–driven marketing strategy in which a company divides a market into distinct groups of buyers is known as market​ segmentation. 
The business market and consumers are divided into subgroups that share common properties and characteristics.</span>
7 0
2 years ago
Why was it sometimes difficult to balance a checking account to a statement?
Juliette [100K]
Because sometimes the check written after the statement closing dates.

Lets say a company do a closing statement on December 26.

 A check written between that date until the end of period ( December 26 - December 31), that transaction simply won't appear on the book because the company already closed the statement on December 26
6 0
3 years ago
Select the true statement about the impact of automation on employment. a.) Automated processes have no effect on the number of
avanturin [10]

Answer:

b.) While some job loss may occur as a result of automation, the potential for job creation exists

Explanation:

Automation is the process by which a the production process that is usually managed by people becomes mechanised.

The control and monitoring functions that people usually do is now transferred to automatic devices.

While this will cause some job loss as a result of lack of skill to operate the new machines, it will also result in an avenue for fresh employment.

Employees can acquire the required skill to operate the machines that are now used in the production process.

8 0
2 years ago
Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70 tire. Tests revealed that the tire's mileage is no
kogti [31]

Answer:

The manufacturer should announce a guaranteed mileage of 44528 miles

Explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

\mu = 47900, \sigma = 2050

What guaranteed mileage should the manufacturer announce

Only until the 5th percentile will have to be replaced, which is the value of X when Z has a pvalue of 0.05. So it is X when Z = -1.645.

Z = \frac{X - \mu}{\sigma}

-1.645 = \frac{X - 47900}{2050}

X - 47900 = -1.645*2050

X = 44528

The manufacturer should announce a guaranteed mileage of 44528 miles

6 0
3 years ago
Read 2 more answers
Assume the economy is operating at full employment. If the economy enters a sudden economic expansion, the quantity of money ava
eduard

Answer:

the qquantity of money available in the economy will increase because there will be more foreign  investments plus now the economy will start exporting and will reduce its imports so the quantity of money will increase.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Which previous case led to product tampering become a crime that falls under fbi jurisdiction?
    8·1 answer
  • Hitzu Co. sold a copier (that costs $5,500) for $11,000 cash with a two-year parts warranty to a customer on August 16 of Year 1
    9·1 answer
  • The beginning balance in the​ Lopez, Capital account of a company was $ 13 comma 000. The revenues and expenses were $ 220 comma
    8·1 answer
  • Juan has an authorized work permit issued by the u.s. government to work in the u.s. each day, juan travels from mexico to el pa
    8·1 answer
  • Which of the following is a condition that may cause a fee simple absolute to become a fee simple defeasible...? The owner takes
    14·1 answer
  • Describe how price affects decisions that consumers make
    15·1 answer
  • Canova Corporation adopted the dollar-value LIFO retail method on January 1, 2018. On that date, the cost of the inventory on ha
    5·1 answer
  • Laramie Labs uses a risk-adjustment when evaluating projects of different risk. Its overall (composite) WACC is 10%, which refle
    14·1 answer
  • If you have an offer that’s targeted towards your leads in your database and wouldn’t provide as much value to your customers, w
    15·1 answer
  • You purchase a property with a Market Value of $520,000 in 2005 using 5-year Interest Only 90% Loan-to-Value financing. In 2010,
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!