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Citrus2011 [14]
3 years ago
6

If three sandwiches and two bags of chips cost $22. 00, and two sandwiches and one bag of chips cost $14. 25, how much does a ba

g of chips cost?.
Business
1 answer:
morpeh [17]3 years ago
8 0

A bag of chips will cost $1.25. The price is calculated by making linear equations in two variables and solving them by substitution method.

<h3>What is a linear equation in two variables?</h3>

Linear equation in two variables can be defined as an equation in the form:

\rm ax + by = c , where x and y are variables and a and b are not equal to 0.

For the given problem, let "s" be the cost of a sandwich and "c" be the cost of a chips bag.

Given:

The cost of three sandwiches and two chips bags is $22.00.

Therefore, the 1st equation will be:

\rm 3s +2c = 22                              

The cost of two sandwiches and one chips bag is $14.25.

Therefore, the 2nd equation will be:

\rm 2s + c = 14.25

To calculate the cost of a chips bag, we need to solve equation 1 and equation 2 by the substitution method.

From equation 2, the value of c will be:

\begin{aligned}\rm 2s + c &= 14.25\\\\c &= 14.25 - 2s\end                                   ... (3)

Now we will put  \rm c = 14.25 - 2s  in equation 1:

\begin{aligned} \rm 3s + 2c &= 22\\\\3s + 2(14.25 - 2s) &= 22\\\\3s + 28.50 - 4s &= 22\\\\-s + 28.50 &= 22\\\\s &= 28.50 - 22\\\\s &= \$6.50\end

On substituting the value of s in equation 3:

\rm  c = 14.25 - 2s \\\\c = 14.25 - 2(6.50)\\\\c = 14.25 - 13\\\\c = \$1.25

Therefore the cost of a bag of chips is $1.25.

Learn more about linear equations in two variables here:

brainly.com/question/84787

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dimaraw [331]

Answer:

$83,107.20

Explanation:

Amount available for monthly house payment = [$ 2000 * 35% ] - $ 150

= $700 - $150

= $550

Effective rate per month = 6.95% / 12 months = 0.00579 = 0.579%

No of periods = 30 years * 12 months = 360 months

Present Value = Amount available for monthly house payments * [P/A,0.579%,360]

[P/A,0.579%,360] =[(1 + i)^n - 1] / [( 1 + i)^n * I]= [(1 + 0.00579)^360 - 1] / [( 1 + 0.00579)^360 * 0.00579]

P/A,0.579%,360 = [7.99158 - 1] / [ 7.99158 * 0.00579]

P/A,0.579%,360 = 6.99158 / 0.04627

P/A,0.579%,360 = 151.104

Present Value = Amount available for monthly house payments * [P/A,0.579%,360]

Present Value = $550 * 151.104

Present Value = $83,107.20

Thus, the max amount she can par for the house is $83,107.20

6 0
3 years ago
The cost of wages paid to employees directly involved in the manufacturing process in converting materials into finished product
Viefleur [7K]

Answer:

direct labor cost

Explanation:

Direct cost is an expense that can be directly be attached to a particular item, product, or project. Direct labor cost is the amount of money paid to workers involved in the production of goods in a firm.

The manufacturing process needs workers to operate the machines and equipment, among other duties in the production process. The workers are paid wages or salaries.  The cost of compensating the workers is direct labor costs. In other words, direct labor costs are the cost of labor used in the manufacturing process.

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What is the first thing a company does when analyzing​ competitors? A. Assess the​ competitor's objectives and strategies. B. Id
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Answer:

The answer is B. Identify the company's competitors

Explanation:

In any given industry, there are always different companies in the business of pleasing the same customers, and the customers will invariably continue to do business with the company that exceeds their expectations.

That being said, any company that aims to out perform its competitors and please customers the most will carry out a Competitive Analysis. This analysis is carried out in order to determine the strengths and weaknesses of a company's competitor.

The first step in a competitor analysis is to identify the company's competition, both current and potential. This identification of competition is very important, because a company in the hotel industry can not compete with a company in the transport industry.

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4 years ago
Nikolas Industries has a cash balance of $20,000 on July 1, 20x8. The company is in the process of preparing the cash budget for
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Answer:

$54,600

Explanation:

Cash Budget for the 3rd Quarter

                                                July              Aug                  Sep

Receipts :

Cash Collections                $25,000      $22,000          $20,000

Total Receipts                    $25,000      $22,000          $20,000

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Operating Expenses           $3,500       $4,600               $5,300

Total Expenditures              $9,300       $11,600              $11,500

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Balance b/d                       $20,000      $35,700            $46,100

Balance c/d                        $35,700      $46,100            $54,600

therefore,

The projected cash balance at the end of September is $54,600

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