The Sangguniang Kabataan (SK) of San Francisco, Legazpi City intends to have a fund raising activity by
Question:
The Sangguniang Kabataan (SK) of San Francisco, Legazpi City intends to have a fund raising activity by selling Kooka Koala (a popular carbonated beverage) during the barangay fiesta. Kooka Koala can be bought from a dealer at P10 each and can be sold for P30 each. Any unsold bottle of Kooka Koala will be consumed by the the volunteer SK members who helped sell the product. The estimated number of bottles of Kooka Koala that can be sold during the barangay fiesta as well as their probabilities are as follows:
Number of bottles sold | Probability |
200 | 0.20 |
300 | 0.30 |
500 | 0.40 |
900 | 0.10 |
Required:
What is the conditional profit (loss) of purchasing 800 bottles but selling only 700 units?
2. The cumulative average labor cost per unit for the first batch (250 units per batch) produced using a modified process is P1200. The cumulative average labor cost after the second batch is P840.
Required:
1. What is the learning curve for the modified process (in percentage)?
2. Assuming that the learning curve continues, what is the total labor cost of four batches?
South Western Federal Taxation 2015 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781285438290
18th Edition
Authors: James Smith, William Raabe, David Maloney, James Young