Weighted mean for shipping cost per unit

Assignment Help Accounting Basics

Reference no: EM13975271

1. The first seven customers of the day at a small donut shop have checks of $1.25, $2.36, $2.50, $2.15, $4.55, $1.10, and $0.95, respectively. Based on the number of customers served each day, the manager of the shop claims that the shop needs an average check of $1.75 per person to stay profitable. Given her conten- tion, has the shop made a profit in serving the first seven customers?

2. A dental supplies distributor ships a customer 50 boxes of product A, 30 boxes of B, 60 boxes of C, and 20 boxes of D. The unit shipping costs (dollars per box) for the four products are $5, $2, $4, and $10, respectively. What is the weighted mean for shipping cost per unit?

Reference no: EM13975271

Questions Cloud

With an estimated internal rate of return : Concord Hospital is considering an investment project with an estimated internal rate of return (IRR) equal to 12 percent. Under what conditions should Concord Hospital accept the project?

Reduction in interest rates : An increase in the wages for workers (as the industry responds to increases in benefits and adjustments as the minimum wage increases.

Is your mapping an isometry : ABCD is a trapezoid. Describe a way of mapping each point of DC to a point of AB so that the mapping is one-to-one. Is your mapping an isometry?

Calculate the firms tax on its operating earnings only : Interest versus dividend income During the year just ended, Shering Distributors, Inc., had pretax earnings from operations of $490,000. In addition, during the year it received $20,000 in income from interest on bonds. Calculate the firm’s tax on it..

Weighted mean for shipping cost per unit : A dental supplies distributor ships a customer 50 boxes of product A, 30 boxes of B, 60 boxes of C, and 20 boxes of D. The unit shipping costs (dollars per box) for the four products are $5, $2, $4, and $10, respectively. What is the weighted mean..

The american legal system encompasses a wide range : The American legal system encompasses a wide range of influences to guide business behavior. It is essential for business professionals to understand the interrelationships of all these elements and the nuances of their differences.

Explain the paradox of buridan donkey : Is free will possible if there is such a thing as God's plan? Explain the paradox of Buridan's donkey, and what Spinoza makes of this paradox. In what sense does Alyosha Karamazov realize that he is free in Dostoyevsky's The Brothers Karamazov

Computer and statistical software : Note: For many of the Exercises 3.48-3.64, a computer and statistical software will be desirable and useful.

User Account

All Pages