of 10 O Macmillan Learning A company produces products at a cost of $35 each. Defective products cost an additional $15 each to repair. The probability of no defective products is 80%. The probability of 5% defective products is 20%. What is the expected cost of producing 700 products? (Use decimal notation. Give your answer to two decimal places.) expected cost: $

Ch. 7 Learn Smart-Problem Solving Please select the correct answer and explain how you arrived at that answer based on the question below. "ABC lumber spent $1,000 cutting down a tree.  The result was 40 pieces of unfinished lumber that sell for $20 each and 100 bags of sawdust that sell for $1.00 each.  If the unfished pieces of lumber are processed into finished lumber at a cost of $8 each, they will sell for $35.  A bag of sawdust can be processed into Presto Logs that sell for $1.25 at a cost of $.75 per bag.  Which of the following statements are true concerning whether the unfished pieces of lumber should be processed into finished lumber and whether the sawdust should be processed into Presto Logs" 1) The pieces of lumber should be processed 2) The pieces of lumber should be sold as is without being processed into finished lumber 3) The $1,000 cost of cutting down the tree is relevant to the decision 4) The sawdust should be processed into Presto Logs 5) The sawdust should be…

a. How many pupils do Hannah and Kathleen need to enrell in their class to break even? Contribution Margin per unit = Sales per price-Variable Cost per unit 3D75-12 = 63 per unit %3D Break-even Volume Fixed Cost/Contribution Margin per unit =D1,700/63 per unit %3D = 26.98 or 27 pupils %3D b. If Hannah and Kathleen want to make a profit of $5,000 for the summer, how many pupils do they need to enroll? Pupils need to be enrolled = Fixed Cost + Desired Profit Contribution Margin per unit 1.700 + 5,000/63 per unit 106.3 or 107pupils c. Hannah and Kathleen estimate that they might not be able to enrolI more than 60 pupils. If they enroll this many pupils, how much would they need to charge per pupil in order to realize their profit goal of $5,0007

28) ABC Company wants to introduce a new laptop into the market. The estimated price of each laptop is RO 250. The required profit margin is 10% of sales. The target cost for the new laptop is: a. RO 255 b. RO 225 c. RO 275 d. RO 250