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CaHeK987 [17]
2 years ago
9

Berry Farm produces organic tomatoes and strawberries. In June 2021, it transported 130 boxes of strawberries with a price of $1

5 per box to the Bay Farmers' Market. Berry Farm paid an upfront fee of $100 to present its products at the market for one week, and the market earns a 25% profit margin on each item sold, but Berry Farm is responsible for any items that remain unsold at the end of the week. Required: The market was able to sell 85 boxes of strawberries to customers. How much revenue should Berry Farm recognize with respect to this transaction?
Mathematics
1 answer:
disa [49]2 years ago
6 0

Answer:

the  revenue recognized is $1,275

Step-by-step explanation:

The computation of the revenue recognized is shown below:

= Number of boxes of strawberries sold to customers × price per box

= 85 boxes × $15

= $1,275

Hence, the  revenue recognized is $1,275

We simply applied the above formula and the same should be considered

Also

= 130 - 85

= 45 boxes would not be recognized as sale is not made

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3 years ago
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Bill and George go target shooting together. Both shoot at atarget at the same time. Suppose Bill hits the target withprobabilit
german

Answer: (a) \frac{2}{9}       (b) \frac{6}{41}

Step-by-step explanation:

(a) P( Bill hitting the target) = 0.7        P( Bill not hitting the target) = 0.3

    P( George hitting the target) = 0.4     P(George not hitting the target) = 0.6

Now the chances that exactly one shot hit the target is = 0.7 x 0.6 + 0.4 x 0.3

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Chances that George hit the target is = 0.4 x 0.3 = 0.12

So given that exactly one shot hit the target, probability that it was George's shot = \frac{0.12}{0.54} = \frac{2}{9} .

(b) The numerator in the second part would be the same as of (a) part which is 0.12.

The change in the denominator will be that now we know that the target is hit so now in denominator we include the chance of both hitting the target at same time that is 0.4 x 0.7 and the rest of the equation is same as above i.e.

Given that the target is hit,probability that George hit it =                                                 \frac{0.4\times 0.3}{0.7\times 0.6 +0.4\times 0.3+0.4\times 0.7}  = = \frac{6}{41}                                                                        

                                                                                           

6 0
3 years ago
The cost to rent a lodge for a family reunion is $975. If 65 people attend and pay the same price, how much does each person pay
Sergio039 [100]

Answer: 15

Step-by-step explanation:

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975/65=15

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3 years ago
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Mashutka [201]

Answer:

22.5

Step-by-step explanation:

multiply 5 x 7 and add half of 5.

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width is 22.5

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3 years ago
Read 2 more answers
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Answer:

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3 years ago
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