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alexandr1967 [171]
2 years ago
7

a bakery receives 100 loaves of bread each day of the week. The table below displays how much is spent each day last week. The b

akery uses FIFO. It had 125 loaves of bread left on Friday afternoon, what is the current value of its stock
Mathematics
1 answer:
stepan [7]2 years ago
7 0

Answer:

$275

Step-by-step explanation:

<u>Day</u>                                   <u>Price</u>                     <u>Unit price</u>

Monday                            $245                        $2.45

Tuesday                           $315                          $3.15

Wednesday                     $275                         $2.75

Thursday                         $200                         $2.00

Friday                              $225                         $2.25

the first in, first out (FIFO) method uses the price of the oldest units to determine the cost of goods sold:

the ending inventory should = 100 units purchased Friday + 25 units purchased Thursday = (100 x $2.25) + ($25 x $2) = $225 + $50 = $275

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Answer:

78 ounces of dough

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6 0
1 year ago
Rita is spending more time at home to study and practice math. Her efforts are finally paying off. On her first assessment she s
faltersainse [42]
<h2>Answer</h2>

She will be scoring above 85 after her 7 assessment.

<h2>Explanation</h2>

We can model this situation using a line equation.

We know that on her first assessment, Rita scored 58 points, so our first point is (1, 58)

We also know that on her second assessment, Rita scored 63 points, so our second point is (2, 63)

To find the rate, which is the slope of our line, we are using the slope formula:

m=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}

where

(x_{1},y_{1}) are the coordinates of the first point

(x_{2},y_{2}) are the coordinates of the second point

From our points we can infer that x_{1}=1, y_{1}=58, x_{2}=2, y_{2}=63. Let's replace the values in our slope formula:

m=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}

m=\frac{63-58}{2-1}

m=\frac{5}{1}

m=5

Now we know that Rita's score is increasing 5 points every assessment.

To complete the equation of our line, we are using the point slope formula:

y-y_{1}=m(x-x_{1})

y-58=5(x-1)

y-58=5x-5

y=5x+53

Finally, we just need to replace y with 85 in our line equation and solve for x to find after which assessment she will score above 85:

85=5x+53

32=5x

x=\frac{32}{5}

x=6.4

Since we can't have 0.4 assessment, she will be scoring above 85 after her 7 assessment.  


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