BUSINESS COLLEGE

Bill's Grill is a popular college restaurant that is famous for its hamburgers. The owner of the restaurant, Bill, mixes fresh ground beef and pork with a secret ingredient to make delicious quarter-pound hamburgers that are advertised as having no more than 25% fat. Bill can buy beef containing 80% meat and 20% fat at $0.85 per pound. He can buy pork containing 70% meat and 30% fat at $0.65 per pound. Bill wants to determine the minimum cost way to blend the beef and pork to make hamburgers that have no more than 25% fat. What is objective function for the mathematical formulation, in words?

Answers

Answer 1
Answer: Bills grill is a popular college resturant that’s is famous

Related Questions

) Candy Man, Inc. reports the following information: Beginning Finished Goods Inventory 60 units Units produced 550 units Units sold 610 units Sales price $130 per unit Direct materials $17 per unit Direct labor $10 per unit Variable manufacturing overhead $17 per unit Fixed manufacturing overhead $14,000 per year Variable selling and administrative costs $6 per unit Fixed selling and administrative costs $12,500 per year What is the unit product cost using variable costing
Differential analysis is a common method used when making which decisions?a. long-term capital project decisionsb. short-term business decisionsc. sunk cost decisionsd. long-term business decisions
The audit expectation gap occurs when there is a difference between the expectations of the ________. a. generally accepted accounting principles and auditors. b. auditors and company under review. c. auditors and financial statement users. d. company under review and financial statement users.
One element in preparing a financial plan for a client is to determine the appropriate type and amount of life insurance. If a client is conservative, 30 years old, and married with 2 young children, whose income is unpredictable, the IA may recommend what type of life insurance policy?
Lyons Company deducts insurance expense of $210,000 for tax purposes in 2018, but the expense is not yet recognized for accounting purposes. In 2019, 2020, and 2021, no insurance expense will be deducted for tax purposes, but $70,000 of insurance expense will be reported for accounting purposes in each of these years. Lyons Company has a tax rate of 40% and income taxes payable of $180,000 at the end of 2018. There were no deferred taxes at the beginning of 2018. Reference: Ref 19-5 What is the amount of income tax expense for 2018? A. $180,000 B. $210,000 C. $264,000 D. $252,000

Breon works as a clerk in the human resources department for her company for which she receives an hourly rate of $6.50. Occasionally she fills in for the receptionist at the front desk and receives a $1.50 per hour differential. During a weekly pay period, she worked 31 hours in the human resources department and 9 hours at the front desk. What is Breon's gross pay for the week

Answers

Breon's gross pay for the week is $273.5

Hourly rate for the company = $6.50

Number of hours in the human resource department = 31 hours

Hourly rate at her regular job = $6.5

hours at the front desk = 9 hours

hours at the front desk = 9 hours

rate at the front desk = $1.50

The gross pay =

$6.5 * 31 + 6.5*9 + 9*1.5

= 273.5 dollars

Breon's gross pay is therefore 273.5 dollars

What is gross pay?

This is the total amount of money that an employee of a company would receive as payment before their taxes and other deductions are removed.

Read more on gross pay here:

brainly.com/question/11274742

You are a financial advisor at the bond dealer Dewey, Cheatem, and Howe. Your client has informed you that she is on the Board of Directors of a company that needs to buy some bonds, but is only allowed to purchase investment grade bonds. You recommend the D-rated bonds of Dry Wells Oil Exploration, Inc. because, although the par value of the bonds is $1000, the current market price is only $200. Which of the following statements is False? A. Your client will not be able to purchase these bonds
B. Investors clearly believe this company is not in danger of bankruptcy
C. You made a very recommendation
D. The yield to maturity of these bonds is higher than the coupon rate

Answers

Answer:

B. Investors clearly believe this company is not in danger of bankruptcy

Explanation:

The yield of these bonds is much higher than its coupon rate, that is why there market price is so low. Clearly, this company is almost bankrupt. Investment grade bonds are A bonds, these would be junk bonds. These bonds are a very risky investment, that is why their yield is so high.

ssume the following information: Variable cost ratio 80% Total fixed costs $60,000 What is the volume of sales dollars required to break even

Answers

Answer:

Break-even point (dollars)= $300,000

Explanation:

Giving the following information:

Variable cost ratio 80%

Total fixed costs $60,000

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

contribution margin ratio= 1 - 0.8= 0.2

Break-even point (dollars)= 60,000 / 0.2

Break-even point (dollars)= $300,000

Nora is interested in a career in human resource management. She expected her first job to focus on giving employees access to information and enrollment forms for training, benefits, and other programs. However, she has since learned that HR employees spend less time doing that kind of work. Which trend is behind that change

Answers

Answer:

employees can now get such information through self-service

Explanation:

The trend behind this change is that, employees can now get such information through self-service. Human resource Employees spend less time doing such work now because such information is readily available on the internet and can be accessed by any employee at anytime that they want to do so on their own.

_______ describes approaches that recognize differences between target markets by using individual marketing mixes.a. market segmentation
b. segmentation criteria
c. segmented marketing strategy

Answers

Answer:

Option C, Segmented marketing strategy

Explanation:

Segmented marketing strategy is a process of breaking down the targeted audience into smaller groups so that it can be easily managed. The criteria’s used for breaking down the market include – geography, behaviour, demography and Psychographic.

Hence, option C is correct

Bohemian Company has 500,000 shares of no par common stock with a stated value of $8 per share issued and outstanding as of January 1, originally issued for $14 per share. During 2018, Bohemian Company had the following transactions involving its own stock: On March 6, acquired 27,965 shares of treasury stock at a cost of $12 per share On April 18, resold 5,280 shares of treasury stock at $19 per share. On June 11, resold an additional 2,210 shares of treasury stock at $10 per share If Bohemian uses the cost method of accounting for treasury stock, what will be the balance in additional paid in capital from treasury stock as a result of these transactions?

Answers

Answer:

$32540

Explanation:

The balance in additional paid in capital treasury stock as a result of the transactions is $32540.

The beginning balance was set at 0.

March 6 Acquisition in the treasury stock = 27965 shares × $12

In additional paid capital it is 0.

April 6 Reissued in treasury stock = 5280 shares × $12 while in additional paid capital = 5280 shares × $7 (19-12).

Please kindly see attachment to see the step by step working and the answer.

Answer:

Amount paid for the treasury stock on March 6 = $12*27,965 = $335,580

Total Amount realized on the resale of Treasury stock

April 18  =  5280*$19 =                                                          $100,320

June 11 =  2210*$10 =                                                             $ 22,100

                                                                                                  $122,420

cost of treasury stock sold

( $12 * 7,490)                                                                             (89,880)

Balance in additional paid in  capital from treasury stock      $32,540

Explanation:
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