Answer: $26.80
Explanation:
The standard portion cost is usually calculated as the cost of ingredient in a standard recipe divided by the number of portion produced by the recipe. That is :
Standard portion cost = cost of ingredients ÷ Number of portions produced by recipe
Standard portion cost = $0.67
Number of portions produced by recipe = 40
Therefore,
Cost of ingredient = (standard portion cost × number of portions produced by recipe)
Cost of ingredient = $0.67 × 40
Cost of ingredient = $26.80
Answer:
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.
Explanation:
According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,
price = $8.10
avg variable cost = $8.00
avg total cost = $8.25
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.
Answer: Cost to purchase the options on the exercise date = $1000
Explanation:
Given:
Stock options awarded = 10
Right to buy shares = 10
Exercise price = $10
We'll compute the cost as follow:
Cost to purchase the options on the exercise date = Stock options awarded × Right to buy shares × Exercise price
Cost to purchase the options on the exercise date = 10×10×10
Cost to purchase the options on the exercise date = $1000
<u><em>Therefore, the correct option is (d)</em></u>
Expenses that support the overall operations of a business and include the expenses of such activities as providing accounting services, human resource management, and financial management are called general and administrative expenses.
Even if a company doesn't produce goods or make money, it still needs to cover general and administrative (G&A) costs in order to run. Rent, electricity, insurance premiums, and wages and compensation for administrative and management staff other than salespeople are examples of typical G&A costs.
Financial management in business refers to the process of managing a company's finances in a way that enables it to be profitable and compliance with laws. That requires both a comprehensive strategy and effective on-the-ground implementation.
Learn more about general and administrative expenses here brainly.com/question/24498019
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The stock exchanges promote the orderly trading of stock shares of the companies that choose to list their shares with the different exchanges. There are over 5,000 companies listed on the two major U.S. stock exchanges: the New York Stock Exchange and the NASDAQ stock exchange.
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