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- Angie’s Bakery bakes bagels. The June production is given below. 290 290 290 450 290 290 330 290 290 290 290 450 290 290 450 330 450 450 290 340 290 440 290 290 330 440 330 330 290 440 Find the weighted mean. Note: Round your answer to the nearest whole number.Suppose a baker wants to know, on average, how many pastries they sell in a day. They sampled over 4 days. On the first day they sold 10, on the second day they sold 12, on the third day they sold 18, and on the fourth day they sold 16. The population standard deviation of pastry sales is 3. What is the point estimate (average) number of pastries sold? 26 08 056 O 14 NexChapter 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 •…
- Havana Hats makes the world's best hats. Information for the last eight months follows: Month January February March April May June July August Number of Hats Produced 6,750 2,800 3,250 4,250 7,800 3,700 Intercept X Variable 1 6,150 6,800 r Suppose that Havana expects to sell 4,700 hats during the month of September and that each hat sells for $2.75. Havana performed a least-squares regression and obtained the following results: Total Cost $ 7,500 3,900 4,200 5,050 8,150 4,450 6,900 7,520 Coefficients 1,255.09 0.91 Contribution margin Required: Prepare Havana's contribution margin income statement for the month of September. Note: Round your answers to 2 decimal places. Havana Hats Contribution Margin Income Statement Month of SeptemberVaratta Enterprises sells industrial plumbing valves. The following table lists the annual sales amounts for every salesperson in the organization for the most recent fiscal year. Salesperson Sales Amount ($1000) Salesperson Sales Amount ($1000) Joseph 147 Wei 465 Jennifer 232 Samantha 410 Phillip 547 Erin 298 Stanley 328 Dominic 321 Luke 295 Charlie 190 Lexie 194 Amol 211 Margaret 368 Lenisa 413 (a) Compute the mean (in $), variance, and standard deviation (in $) for these annual sales values. (Round your answers to the nearest whole number.) mean? variance? standard deviation?Milktopia, Inc. produces and sells milk flavored bubble gum. Over the last five months Milktopia had the following production costs and production volume.. Cost P 6,000 6,659 8,370 8,800 8,050 4. Using the high-low method, what is the fixed cost per month for bubble gum Volume (in cases) 12 14 Month March April Мay June July 18 19 17 production? a. P 400 b. P 1,200 c. P 4,800 d. P 7,600 5. The variable cost per case is a. P 400 b. Р 600 c. P 1,200 d. P 2,800
- The rate of markup on cost on a product selling at $66.45 is 41%. a. What is the cost of the product to the retailer? Round to the nearest cent b. What is the rate of markup on selling price? % Round to two decimal placesABC Traders had the following data for Product Pink on June 20X1:Beginning balance 100 boxes at P50Purchases:June 4 90 boxes @ P55June 14 110 boxes @ P60SalesJune 7 120 boxesJune 20 80 boxesJune 27 50 boxesHow much is the cost of goods sold under average periodic? a. 13,598 b. 13,791 c. 13, 895 d. 14,000Each day, the office staff at Oasis Quick Shop prepares a frequency distribution and a histogram of sales transactions by dollar value of the transactions. Friday's histogram follows. 200 150 100 50 0 25 50 75 100 125 150 175 200 $/Transaction 200 O 85 0 50 50 Ο 100 O On Friday, the approximate number of sales transactions in the 125-under 150 category was 150
- Calculate the gross earning for an apple picker based on the following differential pay scale: (Round your answer to the nearest cent.) 1–1,000: $0.03 each 1,001–1,600: $0.05 each Over 1,600: $0.07 each Apple picker Number of apples picked Gross earnings James 1,935For the Restaurant Sales database,:(a) Obtain the Min and Max amount in sales(b) For each Bin shown in the excel sheet, calculate the frequency for each bin as follows:For ex: if the Bin value is $200, the frequency is the number of entries, whose sales are Less than or equal to 200.Next Bin value is $250 => Frequency is the number of entries, whose sales is >200 and less than or equal to 250.And so on…. (c) Now that your values for Frequency and Bins is complete, use any data visualization tool/chart to plot – Sales on the X axis and Frequency on Y axis.(d) Looking at the plot /graph/chart in (c), what do you infer about the relationship?May I ask for a solution and explanation to the problem for a better understanding. Thank you! 19. What is the average sales period for Bittergourd? a. 24 days b. 25 days c. 26 days d. 27 days
