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belka [17]
2 years ago
6

Sarah is planning a party at a party hall. The meal option is $50 per person and includes the hall for free. The hall-only optio

n is $1,500 but allows an external caterer, which charges $30 per person. Sarah plans to invite 40 people. Which is a better cost comparison
Business
1 answer:
Tomtit [17]2 years ago
4 0

Answer:

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

Explanation:

given data

The meal option = $50 per person.

Hall free = $ 0 per person

total guest = 40

hall-only option = $1,500

external caterer = $30 per person

solution

when we go for meal option than hall free so total cost will be as

total cost = total guest  × $50 per person

total cost = 40 × $50

total cost = $2000

and

when we go for hall only option than total cost will be

total cost = total guest   × external caterer charge + hall-only option

total cost =  40  × $30 + $1500

total cost =   $2700

so

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

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2 years ago
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Muir Manufacturing produces two popular grades of commercial carpeting among its many other products. In the coming production p
Rufina [12.5K]

Answer:

With 16 Grade X and 54 Grade Y the company maximize their profit at 11,840 dollars

Explanation:

We set up the scenario in Excel and use SOLVER tool:

X = 50 synthetic + 25 labor + 20 foam

Y = 40 synthetic + 28 labor + 15 foam

Profit:

X = 200

Y = 160

Constraing:

synthetics <= 3,000

foam <= 1,500

Grade X and Grade Y are integer.

goal: maximize profit

16 of Grade X

and 54 of grade Y

16 x 50 = 800

16 x 30  = 540

54 x 40  = 2,160

54 x 15  =    810

Profit:

16 x 200 + 54 x 160 = 11840

4 0
1 year ago
(a) how much fiscal restraint occurred between 1931 and 1933? $ billion (b) by how much did this policy reduce aggregate demand
TiliK225 [7]

Answer:

a. Structures deficit decreased from $4.5 billion to a surplus of $2 billion, therefore the amount of fiscal restraint that occured between 1931 and 1933 is $6.5 billion.

b. Using the formula

Change in aggregate demand = 1/1- mpc x change in fiscal restraint

= 1/1-0.8×(-6.5)

= 1/0.2x(-6.5)

= 5x-6.5

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8 0
2 years ago
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Smith Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate
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Answer:

Answer in Attachment

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1 year ago
Everly Corporation acquires a coal mine at a cost of $400,000. Intangible development costs total $100,000. After extraction has
8090 [49]

Answer:

Explanation:

The journal entry is shown below:

Inventory A/c Dr $73,500

         To Accumulated depletion A/c $73,500

(Being the depletion is recorded)

The computation is shown below

First we have to compute the depletion per ton which is shown below:

= (Acquired cost of coal mine + Intangible development costs + fair value of the obligation - Sale value) ÷ (Number of estimated tons of coal extracted)

= ($400,000 + $100,000 + $80,000 - $160,000) ÷ (4,000 tons)

= $105

Now if 700 are extracted in first year, so the depletion would be

= 700 × $105

= $73,500

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2 years ago
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