Answer:
4,513 approx.
Explanation:
The computation of the minimum number of jars of silver polish is shown below:-
Sales revenue for one jar of silver polish $5.60
Sales revenue for 1/4 pound of Grit 337 0.85
($3.40 × 1 ÷ 4)
Incremental revenue from
further processing $4.75
($5.60 - 0.85)
Incremental costs of further processing:
Processing costs $2.40
Selling costs $0.40 $2.80
Incremental contribution
margin from further
processing into silver polish
per jar $1.95
($4.75 - $2.80)
Point of indifference denotes the point where all options are equally profitable. But after that we will see that more processing is profitable. This is due to the fixed costs involved in further production.
Thus Minimum number of jars needed to produce to justify the further processing = Avoidable Fixed cost ÷ Incremental contribution
= $8,800 ÷ $1.95
= 4,513 approx.
Answer: $7200
Explanation:
From the question, we are informed that most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If $4,700 worth of jewelry and $6,000 worth of silverware were stolen from a family.
The amount of claim that would not be covered by the insurance will be:
= ($4,700 - 1,000) + ($6,000 - 2,500)
= $3,700 + $3,500
= $7,200
Answer: Option A. established cooperatives for storing and marketing farm output
Explanation:
The Granges consist of many group of people that are mainly farmers and other group of people. The Grange is based on farm and rural community value. The Grange helps people, especially farmers by established cooperatives for storing and marketing farm output. Most Granges support community service and volunteer work in addition to providing their members with a community with whom to discuss farming matters. The Grange tries to bring together people involved in different areas of agriculture as well as different parts of the community.
A. $625.71
619+619×0.13/12
Answer:
Explanation:
Apply first discount to original price
apply next discount to discounted price
etc