1. An artist agreed to prepare portraits of 100 celebrities in 200 days at a price of R500 per portrait. Fifty days later, artist finished 21 portraits with an actual total cost of R11,400. What is the Daily Planned Production in order to meet the deadline? (give your answers in portraits per day): 0.5

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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1. An artist agreed to prepare portraits of 100 celebrities in
200 days at a price of R500 per portrait. Fifty days later,
artist finished 21 portraits with an actual total cost of
R11,400.
What is the Daily Planned Production in order to
meet the deadline? (give your answers in
portraits per day):
0.5
Transcribed Image Text:1. An artist agreed to prepare portraits of 100 celebrities in 200 days at a price of R500 per portrait. Fifty days later, artist finished 21 portraits with an actual total cost of R11,400. What is the Daily Planned Production in order to meet the deadline? (give your answers in portraits per day): 0.5
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