A farmer produces both beans and corn on her farm. If she must give up 16 bushels of corn to be able to get 6 bushels of beans, then her opportunity cost of 1 bushel of beans is O a. 2.67 bushels of corn. O b. 16.00 bushels of corn. O c. 2.99 bushels of corn. O d. 0.38 bushels of corn.
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- If Farmer Jane sells her tomatoes for $3 per pound and has variable cost of $1.50 per pound, how many pounds would she need to sell after her fixed expenses of $500 to show a net profit of $2,000? O a) 1333 pounds O b) 1667 pounds c) 667 pounds d) 833 poundsA farmer in Wood County has 900 acres of land. She is going to plant each acre with com. soybeans, or wheat. Each acre planted with corn yields a $2,000 profit; each with soybeans yields $2,500 profit; and each with wheat yields $3,000 profit. She has 100 workers and 150 tons of fertilizer. The following table shows the requirement per acre of each of the crops. Assuming a linear relationship, use Excel Solver to determine the optimal planting mix of corn, soybeans, and wheat to maximize her profits. Com Soybeans Wheat Labor Fertilizer 01 0.3 0.2 0.2 0.1 042. Vince Rafael needs 69 dollars to buy all the stuff that he needs to make barbeques. The community allows him to sell these barbeques at the street. The community charges him 1.25 dollars for each barbeque sold. a. Determine the break even point if the selling price of his barbeque is $1.72. b. What is the Profit at break-even point? c. What is the Profit or Loss at 153 quantity of barbeque?
- Ruth's Puppy Parloc is a pet grooming parlor and boutique. Ruth sells personalized puppy blankets at $25 each. Her contribution margin is $6. If Ruth has an additional $150 in blanket sales, how much will her profit increase? 0 56 $150 O $36 O $72Sara sells hats for children. She is able to sell at OMR 18 per unit. Materials for the hats cost OMR 4. Fixed cost is OMR 280. She sells 80 hats each month. What is her profit?Fulton Family Farms produces $190 worth of corn and sells it to Apna Popcorn Co. • Apna Popcorn Co. produces $330 worth of popcorn and sells it to Friendly Groceries. • Friendly Groceries sells the popcorn at its stores to consumers for $780. What is the value-added of Apna Popcorn Co.? Do not enter the $ sign. Answer:
- A dairy farmer has found that it costs $1.84 to produce each gallon of milk, and the daily fixed cost to maintain production is $345. If the farmer charges $3.29 per gallon of milk when he sells it to a large grocery store chain, how many gallons of milk does the farmer need to produce and sell to make a daily profit of $479? (Round your answer to the nearest whole number of gallons.) The farmer needs to produce and sell gallons of milk to make a daily profit of $479.Read the selection for questions 6-10. Junedyl is planning to run a coffee shop where he plans to sell each cup of coffee at P50.00. The fixed cost that is amounting to P40,000.00 includes all his expenses for the rent, wages, basic needs and others. So even if Junedyl will not be able to sell, he is still obliged to pay this amount. If it costs Junedyl an average of P10.00 for every cup of coffee which is allotted for the bulk of coffee beans, purified water and coffee filters, then: 6. What equation represents the variable cost (VC) when x is the number of cups of coffee? а. VC = 5x b. VC = 10x 5. VC = с. d. VC = 7. What is the break-even quantity? 50 cups of coffee 100 cups of coffee 500 cups of coffee 1,000 cups of coffee а. b. с. d. 8. Which of the following ordered pairs determine a break-even point? (500, 1000) (1000, 50000) (1500, 50000) (5000, 1000) a. b. с. d. 9. How much profit will he earn if he sells 500 cups? а. P20,000.00 b. P40,000.00 incur loss of P20,000.00 с. d.…Paragraph Question 1: Darby is running a flower stand, and is selling a single bouquet for $31.50. Her contribution margin is $24.57 per bouquet and the breakeven sales in dollars for Darby's flower stand are $700 per day. How much can she pay per day in fixed costs to run the stand? T
- 4. Alice Rhuda purchases a lawn tractor which regularly sells for $2985. The lawn tractor is on sale for $2295. What is the markdown? 5. Bargain Plaza Tire Market has glass-helted radial tires that regularly sell for $129 90 on sale for $89.00. W 6. Noboru Yonmine sees a su 79 on saie at 30% off. How much can Noboru save by purchasing the suriboard during the sale?8. Wanda wants to open a health-food store. Her monthly expenses are rent $3,500, utilities of $1,000, insurance of $500, and payroll of $4,250. She estimates that her cost of goods is approximately 65 percent of sales. Wanda would like to make $4,000 a month for herself. a. What is Wanda’s contribution margin? . b. How much does she need in monthly sales to break even? c. How much does she need in monthly sales to make a profit of $4,000? d. Construct a break-even chart for Wanda’s health-food store.A woman bought 130kg of tomatoes for 2000 cedis . she sold half of the tomatoes at ba profit of 30%. The rest of the tomatoes begun to go bad , she then reduce to the SELLING price by 12% per kg . a. calculate the new selling price .b the percentage profit on the whole transaction , if she threw away 5kg of bad tomatoes Give typing answer with explanation and conclusion