Business, 15.07.2019 16:10 xxqueencandy47001

Problem 9-13 (algorithmic) romans food market, located in saratoga, new york, carries a variety of specialty foods from around the world. two of the store’s leading products use the romans food market name: romans regular coffee and romans decaf coffee. these coffees are blends of brazilian natural and colombian mild coffee beans, which are purchased from a distributor located in new york city. because romans purchases large quantities, the coffee beans may be purchased on an as-needed basis for a price 12% higher than the market price the distributor pays for the beans. the current market price is $0.45 per pound for brazilian natural and $0.67 per pound for colombian mild. the compositions of each coffee blend are as follows: blend bean regular decaf brazilian natural 60% 40% colombian mild 40% 60% romans sells the regular blend for $3.3 per pound and the decaf blend for $4.5 per pound. romans would like to place an order for the brazilian and colombian coffee beans that will enable the production of 1100 pounds of romans regular coffee and 525 pounds of romans decaf coffee. the production cost is $0.84 per pound for the regular blend. because of the extra steps required to produce decaf, the production cost for the decaf blend is $1.08 per pound. packaging costs for both products are $0.25 per pound. formulate a linear programming model that can be used to determine the pounds of brazilian natural and colombian mild that will maximize the total contribution to profit.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 21:30

The following balance sheet for the los gatos corporation was prepared by a recently hired accountant. in reviewing the statement you notice several errors. los gatos corporation balance sheet at december 31, 2018 assets cash $ 44,000 accounts receivable 86,000 inventories 57,000 machinery (net) 122,000 franchise (net) 32,000 total assets $ 341,000 liabilities and shareholders' equity accounts payable $ 54,000 allowance for uncollectible accounts 7,000 note payable 59,000 bonds payable 112,000 shareholders' equity 109,000 total liabilities and shareholders' equity $ 341,000 additional information: cash includes a $22,000 restricted amount to be used for repayment of the bonds payable in 2022. the cost of the machinery is $194,000. accounts receivable includes a $22,000 note receivable from a customer due in 2021. the note payable includes accrued interest of $7,000. principal and interest are both due on february 1, 2019. the company began operations in 2013. income less dividends since inception of the company totals $37,000. 52,000 shares of no par common stock were issued in 2013. 200,000 shares are authorized. required: prepare a corrected, classified balance sheet. (amounts to be deducted should be indicated by a minus sign.)

Answers: 2

Answer

Business, 22.06.2019 09:30

When you hire an independent contractor you don't have to pay the contractors what

Answers: 3

Answer

Business, 22.06.2019 12:50

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)

Answers: 1

Answer

Business, 22.06.2019 17:30

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $

Answers: 2

Answer

You know the right answer?

Problem 9-13 (algorithmic) romans food market, located in saratoga, new york, carries a variety of s...

Questions