Answer:
$2.5
Explanation:
Given:
Number of sandwiches in basket = 20
Number of magazines in basket = 30
cost of sandwiches in 2006 = $4
Cost of magazines in 2006 = $2
cost of sandwiches in 2007 = $5
Consumer price index in 2007 = 125
Now,
Consumer price index = 
or
125 =
here,
X is the price of magazines in 2007
thus,
125 = 
or
1.25 × ($80 + $60 ) = $100 + 30X
or
30X = $175 - $100
or
X = $2.5
Hence,
The price of magazines in 2007 was $2.5
Answer:
B) Rearrange the production floor.
Explanation:
First step is to calculate the manufacturing labor costs for the Current operations and new proposal
Calculation for the manufacturing labor costs for the Current operations
Current operations manufacturing labor costs =5 workers * 2,100 hours * $8.00
Current operations manufacturing labor costs = $84,000
Calculation for the manufacturing labor costs for the new proposal
New Proposal manufacturing labor costs=4.5 workers *2,000 hours * $9.00
New Proposal manufacturing labor costs = $81,000
Based on the above calculation the decisions that the management should accept is to REARRANGE THE PRODUCTION FLOOR if they want to reduce the company manufacturing labor costs reason been that the manufacturing LABOR COSTS for the current operations is $84,000 which means it is higher than the manufacturing LABOR COST for the new proposal which is $81,000
Therefore the management should REARRANGE THE PRODUCTION FLOOR because with the new proposal manufacturing labor costs will reduce.
Answer:
($35 million + $12 million) / $70 million = 0.6714
Explanation:
The answer is True because it depends on both