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
11Alexandr11 [23.1K]
2 years ago
14

Question Number 9 At the end of the day, a local bakery sold 83 cakes and had to throw out 7 cakes due to baking errors. Each ca

ke cost the bakery $6.25 to make. The bakery, in turn, sold each cake for $12.75. What was the total profit earned by the bakery today?
Business
1 answer:
IgorC [24]2 years ago
7 0

Answer:

The profit earned by the bakery is $ 495.75

Explanation:

Data provided:

The number of cakes sold by the bakery = 83

The number of cakes thrown out = 7

Cost of each cake = $ 6.25

Selling cost of each cake = $ 12.75

Now,

the total sales value for the bakery = cakes sold × selling Cost of each cake

or

the total sales value for the bakery = 83 × $ 12.75 = $ 1,058.25

Now,

the total cost of making the cakes

= (cakes sold + cakes thrown) × Cost of each cake

or

= ( 83 + 7 ) × $ 6.25

or

= $ 562.5

Therefore,

the total profit earned by the bakery at the end of the day

= total sales value - total cost of making

or

= $ 1,058.25 - $ 562.5

= $ 495.75

Hence, the profit earned by the bakery is $ 495.75

You might be interested in
Please list any additional qualifications, training, education, skills, or experience that you feel warrant consideration by amc
Firdavs [7]

Do you have anything that’s unique? Have you operated in Customer Service before? That means you have x years of Customer Service experience. That is the experience that they would look at to hire you over another person who can’t put anything in there. Have you operated in food service before? Then you have x years of experience in that, too. 

5 0
2 years ago
Acme LLC has already paid $10,000,000 in Research & Development costs. Unfortunately, times have changed. Since they started
nika2105 [10]

Answer:

he best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated

Explanation:

Based on the information provided, the best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated. From solely taking into account the fixed costs of producing the products, if the company were to produce the desired amount and sell them they would recover a total of 8,000,000 from the costs that they have incurred in Research & Development. This is not taking into account the variable costs that may be incurred, still, they recover much of what they have already spent.

8 0
2 years ago
Liza is preparing a memo to her employees that explains the new procedure for asking for time off and switching shifts with anot
ipn [44]

She’s making sure that effective communication is in there as a characteristics of a good communication.  Effective communication skills are a desirable workplace skill.  Communication is the exchange of information. Synchronous communication is a communication that occurs when the sender and receiver are communicating at the same time while asynchronous communication is a communication that occurs when the sender and receiver are separated by time and/or place. 

3 1
2 years ago
All reports required to can be found online at sec.gov.
earnstyle [38]

Answer:

Twitter's amended S-1 filing

Maximum estimated capital expenditures in 2013:

= $98 million

Explanation:

Twitter's capital expenditures in 2013 can be estimated by subtracting the  long-term or non-current assets of 2012 from 2013.

The 2013 long-term assets (Property and equipment, net) are worth $284,024,000

The 2012 long-term assets (Property and equipment, net) are worth  $185,574,000

The capital expenditure in 2013 =       $98,450,000

The implication is that Twitter added to (or increased) its property and equipment by $98,450,000, which represent new capital expenditures in 2013.

Twitter filed SEC Form 1-A (S-1) with the Securities and Exchange Commission (SEC) when it was seeking exemption for registration requirements for its public offerings as an "emerging growth company,"  as  it is "allowed by the federal securities laws to elect to comply with certain reduced public company reporting requirements for future filings."

8 0
2 years ago
In a large metropolitan market, it is relatively easy to set up a law office. The ease of entry explains why you will find hundr
MissTica

Answer:

1

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

In a perfect monopoly, there is only one firm operating in the industry

In a  monopolistic competition, differentiated products are sold

In an oligopoly, there are few large firms

8 0
1 year ago
Other questions:
  • Your mom is thinking of retiring. her retirement plan will pay her either $250,000 immediately on retirement or $350,000 five ye
    11·1 answer
  • Which of the following is NOT true about franchising?
    15·2 answers
  • The Coffee Factory sells two products, supreme and mild. The supreme sells for $120 per case (unit) with variable costs of $90 p
    15·1 answer
  • Suppose that we want the number of male employees in each department making more than $30,000, rather than all employees (as in
    8·1 answer
  • Southern Company is preparing a cash budget for April. The company has $12,000 cash at the beginning of April and anticipates $3
    7·1 answer
  • Suppose the following two events occur at the same time: the Chicago Cubs win the World Series, and the workers who make Cubs me
    12·1 answer
  • You have marked off your shop floor in a grid of 1 foot squares and labeled them with Cartesian coordinates. To perform one task
    10·1 answer
  • The calculation for annual depreciation using the units-of-output method is:________
    10·1 answer
  • Which of the following regarding Master Budgeting is true?
    12·2 answers
  • Which job in the Finance career cluster is ideal for a person with a master’s degree?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!