How many pounds of whole potatoes do you need to buy if you must make 90 lbs of mashed potatoes? Waste is 12% Express the answer in pounds and ounces.
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How many pounds of whole potatoes do you need to buy if you must make 90 lbs of mashed potatoes? Waste is 12% Express the answer in pounds and ounces.
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- Based on your current quantities and costs, can you sell a hamburger for $2.00 and still make a profit?Chapter 8. Flor's Flours is small business that produces two types of ready-to-use multigrain flours using organic products such as bulgur wheat, garbanzos, and jasmine rice and sells them at a Farmer's Market every weekend. The first blend is called Pancake-Me and is priced at $6.50 per Ib. and the second blend is called the Bake-Me and is priced at $4.50 per Ib. These healthier versions of the traditional flour used for cooking and baking are fairly popular and Flor realizes that she needs to have a more formalized method of how to blend the flours if she hopes to minimize her costs and maximize her profits by continuing to sell the flours on a larger scale. The costs of obtaining the components - bulgur wheat, garbanzos, and jasmine rice are different. With a lot of painstaking trial-and-error, Flor has found that the following guidelines must be met to ensure that the Flours meet the flavor-profile that consumers prefer: Pancake-Me Blend should have: • At least 50% bulgur wheat •…1. Yum Yum Bake Shop makes birthday chocolate chip cookies that cost $2.00 each to prepare. It is expected that 8% of the cookies will crack and be discarded. If a 55% markup on cost is required and 100 cookies are produced, what should the bake shop charge for each cookie? (Round your answer to the nearest cent.)
- Zachary Fruit Drink Company planned to make 202,000 containers of apple juice. It expected to use two cups of frozen apple concentrate to make each container of juice, thus using 404,000 cups of frozen concentrate. The standard price of one cup of apple concentrate is $0.23. Zachary actually paid $115,385 to purchase 412,090 cups of concentrate, which was used to make 203,000 containers of apple juice. Required: b. Compute the actual price per cup of concentrate. (Round your answer to 2 decimal places.) c. Compute the standard quantity (number of cups of concentrate) required to produce the containers. d. Compute the materials price variance and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round "Price variance" to 2 decimal places.) e. Compute the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round "Usage variance"…Farm Dairy has a process that results in 1,000 liters of milk that can be sold for $2 per liter and cost per liter is $1 per liter. An alternative would be to process milk further at an additional cost of $2 and then sell it as cream for $5 per liter. Should management sell milk now or should cream be processed further and then sold? Select one: a. Sell now; the company will be better off by $3,000. b. Process further; the company will be better off by $3,000. c. Sell now; the company will be better off by $2,000. d. Process further; the company will be better off by $2,000Help Save & E Angie's Bake Shop makes birthday chocolate chip cookies that cost $3 each. Angie expects that 12% of the cookies will crack and be discarded. Angie wants a 60% markup on cost and produces 150 cookies. What should Angie price each cookie? Note: Round your answer to the nearest cent. Price per cookie
- A wedding cake was cut into 40 slices. If 32 of the slices were eaten, what fraction represents the eaten portion of the cake? Reduce your answer to lowest terms.Solomon Fruit Drink Company planned to make 200,000 containers of apple juice. It expected to use two cups of frozen apple concentrate to make each container of juice, thus using 400,000 cups of frozen concentrate. The standard price of one cup of apple concentrate is $0.23. Solomon actually paid $126,489 to purchase 408,030 cups of concentrate, which was used to make 201,000 containers of apple juice. Required: b. Compute the actual price per cup of concentrate. (Round your answer to 2 decimal places.) c. Compute the standard quantity (number of cups of concentrate) required to produce the containers. d. Compute the materials price variance and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round "Price variance" to 2 decimal places.) e. Compute the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round "Usage variance"…The ingredients foryour skillet brownie cost $1.89. You want your food cost percentage for this item to be 30% or lower. What's the low price you can charge? Round to the nearest cent. Select one: a. $5.98 b. $6.00 c. $6.30 O d. $5.67
- You are serving 4-ounce portions of roasted cauliflower. You purchase cauliflower by the case that contains 9 cauliflowers. Each cauliflower weighs 1 pound 15 ounces. The case costs $30.50. If the yield percent for cauliflower is 60%, then how much would the 4-ounce serving cost?Henry Sweet Company currently makes 6-inch candy sticks that it sells for $0.20 each. Henry can make 12-inch candy sticks out of two 6-inch candy sticks by melting them together, which costs an additional $0.03 per 12-inch stick. Henry can sell the 12-inch sticks for $0.45. Henry has enough capacity to make 10,000 6-inch candy sticks per month, and enough demand to sell all of the candy sticks it can manufacture, whether 6- inch or 12-inch. Should Henry sell 6-inch or 12-inch candy sticks, and how much additional profit will its decision bring in per month? Multiple Choice O O Sell 6-inch sticks, additional $100 Sell 6-inch sticks, additional $250 Sell 12-inch sticks, additional $100 Sell 12-inch sticks, additional $250Underground Food Store has 4,000 pounds of raw beef nearing its expiration date. Each pound has a cost of $4.50. The beef could be sold "as is" for $3.00 per pound to the dog food processing plant, or roasted and sold in the deli. The cost of roasting the beef will be $2.80 per pound, and each pound could be sold for $6.50. What should be done with the beef, and why? If required, round final answers to two decimal places. The beef processed further since the sales price by $ per pound and the cost only by $ per pound.