answer.
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
Arturiano
2 months ago
9

Marah is deciding whether or not to open a lemonade stand. She expects to sell 20 cups of lemonade for $1 per cup. She already m

ade a sign that cost her $10 and will have $15 worth of additional costs for cups and lemonade mix if she decides to open the stand. a. If Marah decides to open the lemonade stand, how much profit will she earn? $ −5 b. Based on this information, Marah should open the lemonade stand. c. The $10 spent on the sign represents a sunk cost.
Business
1 answer:
Mariulka [3.8K]2 months ago
3 0

Explanation:

provided details:

number of lemonade cups to be sold = 20 at a price of $20.

sign post expense = $10.

cost of cups and lemonade mixture = $15.

A. Marah's profit from the endeavor would then be:

= Total sales – Overall cost

= $20 – $25

= –$5.

B. Given the above information, Marah should reconsider launching the lemonade stand, as her loss would amount to $5.

C. The $10 spent on the sign is considered a sunk cost since it cannot be recouped after expenditure.

You might be interested in
The weighted-average process-costing method calculates the equivalent units by ________.A) considering only the work done during
Nady [3600]

Correct option is D) "equivalent units completed during the current timeframe plus equivalent units in the final inventory".

Clarification:

The weighted-average process-costing approach calculates an average cost per unit by combining the equivalent units completed in the current timeframe with those in ending inventory. This approach is comparable to the first-in first-out (FIFO) method, differing in that it separates incomplete goods for the computations.

4 0
13 days ago
A repetitive manufacturing firm is planning on level material use. The following information has been collected. Currently, the
Scilla [3833]

Answer:

setup cost = $1.75

setup time = 2.625 min

Explanation:

given data

The firm operates for 250 days annually.

Annual demand is 22,000.

Daily demand is 88.

Daily production stands at 250.

Desired lot size is set at 63 (equivalent to 2 hours of output).

Holding costs are $40 per unit each year.

To determine

the setup cost and setup time

solution

The setup cost is calculated as

setup cost = \frac{Q^2*H*(1-\frac{d}{p})}{2D}......................1

Here, Q represents the desired lot size, H is the holding cost, d denotes daily demand, D is annual demand, and p is the daily output.

Plugging in the values,

setup cost = \frac{63^2*40*(1-\frac{88}{250})}{2*22000}

setup cost = \frac{2969*40*(0.648)}{44000}

setup cost = $1.75

Next,

the setup time is given by

setup time = \frac{setup\ cost}{setup\ labor}....................2

setup time = \frac{1.75*60min/hr}{40}

setup time = 2.625 min

8 0
1 month ago
2. The city of Glendale borrows $48 million by issuing municipal bonds to help build the Arizona Cardinals football stadium. It
soldi70 [3635]

Response:

$5,917,965.66 annually

Clarification:

The sum of $48 million accounts for the total of all annuities after a decade. To determine how much the city of Glendale must allocate each year, we use the present value of annuity equation, outlined below.

P   = PV ×  r / 1 − (1+r)−n

Where P is the payment amount

PV = present value of annuity: $48,000,000.00

r = interest rate: 4 % = 0.04

n: number of periods: 10

P = $48,000,000 x {0.04/(1-(1+0.04)-10}

P = $48,000,000 x {0.04/ 1-0.6755641688)

P =$48,000,000x (0.04/0.3244358312)

P= $48,000,000 x 0.123290951

P= 5,917,965.66 per year

3 0
21 day ago
Which items are characteristic of a credible website? Select all that apply.
stepan [3596]
The solution is 4. <span>Web addresses ending with.gov indicate a government site.
</span>

Domain endings like.com or.net can be registered by anyone and do not imply the website’s authority.

In contrast, certain addresses such as.edu and.gov are exclusively allocated for educational and governmental bodies, making them more credible.

This can reliably indicate the trustworthiness and authority of the website.

Conversely, the other suggestions, like option (c) or a site offering legal services, do not necessarily denote reliability as these can easily be fabricated.
<span />
7 0
9 days ago
Read 2 more answers
John, a line supervisor, has decided to increase Kerry's responsibilities by delegating more work to her station. what is the fi
Nady [3600]

Clarifying the assignment would be the initial action John should undertake to expand Kerry's duties.

Explanation:

Option A: When new responsibilities are introduced, John must first clarify the nature of these tasks. This approach will help Kerry manage her work efficiently.

Option B: Although feedback is beneficial, it's not the initial step for adding responsibilities.

Option C: Informing others is John's duty, not Kerry's, thus, this option is not valid.

Option D: While accountability is essential, it comes at a later stage.

7 0
1 month ago
Other questions:
  • When sam goes to a restaurant, he always tips the server $2 plus 10% of the cost of the meal. if sam’s distribution of meal cost
    7·1 answer
  • Potentially hazardous foods on their way for delivery to your establishment must be kept at what maximum temperature?
    9·1 answer
  • A 55 year-old supervisor at a private company, who has always received good performance appraisals, is nevertheless fired. Two y
    14·1 answer
  • Which of the following statements is correct with respect to a limited partnership?
    6·1 answer
  • Investors expect that Amalgamated Aircraft Parts, Inc. will pay a dividend of $2.50 in the coming year. Investors requirea 12% r
    14·1 answer
  • Tom and cindy lewis are buying a house with a $300,000 sales price and their ltv will be 80%. assume that they paid no originati
    11·1 answer
  • In 2005, Anthara Inc. acquired Sathya Inc. for $1,200 million when the fair value of net assets (assets minus liabilities) of Sa
    10·1 answer
  • A fast-growing form of foreign direct investment is sovereign wealth funds (SWFs). Why do these investments by governments with
    12·1 answer
  • Your company wants to set aside a fixed amount every year to a sinking fund to replace a piece of industrial equipment costing $
    13·1 answer
  • Continuing with the company selected in Unit 2, think about the types of financial data that would be included and excluded in d
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!