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
aivan3 [116]
2 years ago
7

2. Sunshine Bakery bakes 660 loaves of bread each day and estimates that 10% of the bread will go stale before it is

Business
1 answer:
Alisiya [41]2 years ago
3 0

Answer:

$0.79

Explanation:

The Bakery bakes 660 loaves of bread

The cost of baking one bread= $0.46

The total cost of baking all loaves of bread

= $0.46 x 660

=$303.60

The desired mark up is 55% of cost

=55% of $303.60

=55/100 x $303.60

=0.55 x $303.60

= $166.98

Desired revenues = $166.98 +$303.60

=$470.58

The number of sellable breads= 660 - (10% of 660)

=660-66

=594

Desired income is $470.58; sellable output is 594.

price per bread should be

=$470.58/594

=$0.79222

Price per bread = $0.79

You might be interested in
T. L. Jones Trucking Services establishes a petty cash fund on April 3 for $500. By the end of April, the fund has a cash balanc
djyliett [7]

Answer:

The question is missing some figures which can be seen from the attached image.

Petty cash is a fund set aside in the office to pay minor day to day expenses incurred.Usually, an amount is made available at the beginning of period called float,from which expenses can be paid and the amount equal to spend is reimbursed at the end of the month.

In order, to make payment even more easier,some businesses take up credit cards from financial institutions,from  which expenses can be paid on account.

The balance of $415 means in petty fund,implies that $85  spent needs to be replenished at month end and that the remaining expenses were paid with credit card.

Explanation:

Find in the attached spreadsheet the entries posted in respect of petty cash and credit card expenses in the month.

5 0
3 years ago
On January 1, Avers Co. borrowed $10,000 by extending their past-due account payable with a a 60-day, 8% interest-bearing note.
babymother [125]

Answer:

Notes payable; $10,000

Explanation:

Given that,

Borrowing amount = $10,000

Time period = 60 day

Interest rate = 8%

On the due date of the note, avers co. paid the amount.

Therefore, this entry would be recorded by Avers with a debit to Notes payable with an amount of $10,000.

Interest amount = $10,000 × (60 ÷ 360) × 0.08

                           = $10,000 × 0.17 × 0.08

                           = $136

(Note: Assuming 360 days in a year)

Therefore, the Journal entry is as follows:

Notes payable A/c     Dr. $10,000

Interest Expense A/c Dr. $136

To cash                                             $10,136

(To record Avers pays the amount due in full)

4 0
3 years ago
Kristian has a family and is very comfortable in his hometown. He wants to work for the government but does not want to move awa
Bas_tet [7]
Planning cause they dont travel
5 0
3 years ago
XYZ Ltd produces a product for which the annual demand is 10,000 units. Production averages 100 units per day, while demand is 4
irina [24]

Answer: Batch size to be used  =Economic batch size of 2,236 units

Explanation:

From the question, we have that

Annual demand (D) = 10,000 units

Setup cost (S) = $200

Holding cost (H) = $2 per unit per year

Daily production (p) = 100 units per day

Daily Demand (d) = 40 units per day

Therefore Economic batch size, Q will be calculated as

Q =\sqrt{2 x D x S / H x ( 1-d/p }

Q= \sqrt{2 x 10,000 x 200 /  2 x ( 40/100)}

Q=\sqrt{4,000,000/0.8 }

Q=\sqrt{5,000,000}

Q=2,236.067 rounded up to 2,236

Economic batch size =2,236 units

3 0
3 years ago
A 4-year project has an annual operating cash flow of $47,000. At the beginning of the project, $3,800 in net working capital wa
Sergeeva-Olga [200]

Answer:

$55,826

Explanation:

The computation of year 4 cash flow is shown below:

= Operating cash flow + required net working capital + after cash flow arise from salvage value

where,

Operating cash flow is $47,000

Required net working capital is $3,800

After cash flow arise from salvage value is

= Sale value - gain on salvage value × tax rate

The gain on salvage value is

= $5,400 - $3,800

= $1,100

So the after cash flow arise is

= $5,400 - $1,100 × 34%

= $5,400 - $374

= $5,026

Now the year 4 cash flow is

= $47,000 + $3,800 + $5,026

= $55,826

3 0
3 years ago
Other questions:
  • To ensure efficient, clear, communication, the national incident management system characteristics recommend the use of:
    8·2 answers
  • Under the Uniform Securities Act, all of the following must be disclosed in an investment advisory contract EXCEPT A) other stat
    14·1 answer
  • A product has a contribution margin of $8 per unit and a selling price of $45 per unit. Fixed costs are $26,000. Assuming new te
    11·1 answer
  • A primary consumer gets energy from a producer. where does the energy go from there? all of the energy is transferred to seconda
    5·2 answers
  • Which of the following is likely the lowest paid job listed?
    11·2 answers
  • One of the major weaknesses of the Kyoto Protocol is that developing countries were not included in the emission limitation requ
    8·1 answer
  • A manufacturing company that has only one product has established the following standards for its variable manufacturing overhea
    11·1 answer
  • In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures to a market
    9·1 answer
  • The top salary you can make.
    14·1 answer
  • A in the expected future exchange rate ______ the demand for u.s. dollars. in the u.s. demand for imports _______ the demand for
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!