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svet-max [94.6K]
1 year ago
9

Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The

cost formula for catering supplies is $450 per month plus $75 per job plus $10 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in September to be 27 jobs and 146 meals, but the actual activity was 23 jobs and 143 meals. The actual cost for catering supplies in September was $3,435. The catering supplies in the planning budget for September would be closest to:
Business
1 answer:
likoan [24]1 year ago
4 0

Answer:

$3,935

Explanation:

The computation of the catering supplies are shown below:

= Catering supplies + monthly cost for each job × number of jobs + monthly cost for per meal × number of meals

= $450 + $75 × 27 jobs + $10 × 146 meals

= $450 + $2,025 + $1,460

= $3,935

We simply added the catering supplies cost, meal cost, and the job cost so that the accurate value can come

All other information which is given is not relevant. Hence, ignored it

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A customer is upset because an advertised item has been sold out. how would you respond to the customer
jasenka [17]
If i was a worker at the lets say store I would say, "How about you give me your phone number and when its restalked or on sale again, I call you, ok?" 

If I was a bystander I would walk away probably, or try to help in some way, if the customer was a kid I would probably just give it to them.
6 0
1 year ago
Lowlife Company defaulted on a $250,000 loan that was due on December 31, 2018. The bank has agreed to allow Lowlife to repay th
IceJOKER [234]

Answer:

Explanation:

1. Present value = Annuity amount * PVA (n=4;i=10%)

250,000 = Annuity amount*3.16987

Annuity amount = $78,868

2. Present value = Annuity amount * PVA (n=5;i=8%)

250,000 = Annuity amount* 3.99271

Annuity amount = $62,614

3. i = 10%

Annual payments = $51,351

250,000 = 51,351 *X

X = 4.86845

When looking at the table of present value of an ordinary annuity, PVA of 4.86845 and i=10%, ⇒ n = 7 payments

4.

Payments = 104,087

n = 3

250,000 = 104,087*X

X = 2.40184

When looking at the table of present value of an ordinary annuity, PVA of 2.40184 and n=3, ⇒ i = 12%

3 0
2 years ago
At Haptic Manufacturing, all employees are required to take safety training every six months. The top executives understand the
AveGali [126]

Answer:

They Developed on-the job training and learning. They used the plant to train their employees at the same time the plant is fully operational and employees are training too.

Explanation:

8 0
2 years ago
Read 2 more answers
Orlando Boom has been offered an internship at a local animal shelter for six weeks during the summer, four hours each week day.
Cerrena [4.2K]

Answer:

<u>False</u>

Explanation:

<em>There is no such thing</em> as community engagement graduation requirements. However there is internship as a requirement for college graduation.

Therefore , Orlando can use this internship to only fulfill his internship graduation requirements having learnt practical knowledge from the animal shelter for six weeks.

5 0
1 year ago
Read 2 more answers
You bought a stock three months ago for $51.27 per share. The stock paid no dividends. The current share price is $55.36. What i
MA_775_DIABLO [31]

Answer:

APR= 23.91%

EAR= 8%

Explanation:

A stock was bought at $51.27 three months ago

The current share price is $55.36

Therefore the APR of the investment can be calculated as follows

= 55.36-51.27/51.27

= 4.09/51.27

= 0.0797

= 7.97%

APR= 3×7.97

= 23.91%

EAR= (1+0.079/3)^3-1

= 1+0.0263^3-1

= 1.026^3-1

= 0.08×100

= 8%

5 0
1 year ago
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