A Virginia Beach farmer has 480 acres of land on which to grow either corn or soybeans. He figures he has 800 hours of labor available during the crucial summer season. The farmer can expect a profit of $40 per acre on corn and $30 per acre on

Q: Company X has a fixed expenses of 1.38M monthly and each units is produced at ₱20. Company Y has a…

A: Total cost is equal to the sum of fixed expenses and variable cost. Variable cost is equal to the…

Q: Four partners share a business. Max owns 3/8, Sherry owns 2/5, Arian owns 1/10 and Duane owns the…

A: Profit is given by the difference of revenue and expenses the answer is the profit in this case…

Q: Suppose a company produces and sells a total of 8,750 boxes of paper per year. The fixed cost of…

A: Economic lot size L will be given by the formula shown on white board.Here, D = Annual production or…

Q: Saul makes $27.35 an hour and gets time and a half for overtime).

A:

Q: A manufacturer of ovens sells them for $1,540 each. The variable costs are $940 per unit. The…

A: Given information Selling price of ovens per unit=$1,540 Variable cost per unit=$940 Factory annual…

Q: Johnson, Ltd. produces a desk lamp. Fixed costs are $280,000. The variable cost per unit is $17, and…

A: Given

Q: orked 44

A: Given, Lilly, an art gallery manager, is paid a salary of $660.00 a week. Her normal workweek is 33…

Q: Suppose 100,000 lamps are to be manufactured annually. It costs $1 to store a lamp for 1 year, and…

A: Given : 100,000 lamps are to be manufactured annually. It costs $1 to store a lamp for 1 year, and…

Q: If the loss percent for grapefruit is 47%, the yield percent would be 53%.

A: Yes. Statement is true.

Q: The Metropolitan Company sells its latest product at a unit price of $8. Variable costs are…

A: Selling price of the latest product is $8 Fixed cost = $7800 per month Let the number of units sold…

Q: How many DVDs need to be sold for the company to make a profit if the fixed cost is $ 48,000, the…

A:

Q: A manufacturing company has a production capacity of 600,000 units with an income of 720,000 pesos.…

A:

Q: A farmer has 1000 acres of land on which he can grow corn, wheat, and soybean. The following table…

A: Let x1 acre of land is allocated to corn, x2 to wheat and x3 to soybean. Then constraint equations…

Q: Because of new federal regulations on pollution, a chemical plant introduced a new, more expensive…

A: let the gallon produced by older process =x let the gallon produced by new process =y according to…

Q: The fixed costs incurred by a small genetics research lab are $200,000 per year. Variable costs are…

A: Given annual cost=$300,000  fixed cost=$200,000 variable cost=60%×300000=$180,000

Q: Food sales are $82,300 and Beverage Sales are $29,200.  If food cost % is 35% and Beverage cost % is…

A:

Q: Cliff runs a restaurant in a small town known for its theatres and tourist attractions. Cliff…

A: Given: average charge=$18 per meal, variable costs=$6 per meal, and fixed costs=$12,000 per month.…

Q: A company that manufactures compact discs has fixed monthly overhead costs of $60,000. Each disc…

A: Assume d be a number of discs produced and sold for a profit of at least $30,000 Profit = Income -…

Q: A waterpark has a profit of $22,000 on sunny days, a profit of $11,500 on overcast days, but a loss…

A: Given that, A Sunny day's profit is $22000 An overcast day's profit is $11500 A rainy day's loss is…

Q: You are working to earn enough money for a vacation which costs 1200.0 dollars. Your take-home pay…

A: take home pay per hour =$16.50 per hour number of working hours per days = 4 Therefore, total take…