2. A wholesale coffee distributor sells raw coffee beans to the St. Johns Roasters. Since St....
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2. A wholesale coffee distributor sells raw coffee beans to the St. Johns Roasters. Since St. Johns Roasters buys a large quantity of raw beans, the wholesaler reduces their price by 2/11 on every 10-pound bag of beans that are purchased. St. Johns Roasters roasts the beans and sells the coffee to Maxine's Koffee Klatch at an increase of 1/3 their price for every 10-pound bag of beans. Maxine sells 10-pound bags to her Koffee Klub customers at a discounted price of 1/6 off of the wholesale price Maxine pays St. Johns Roasters. This discounted price is $42. What is the price the wholesale coffee distributor pays for each 10-pound bag of coffee? You must solve this problem using rectangles to find the fractions. You may check your work by using an algebraic equation. However, the problem should be explained by referring to the diagrams. Use complete sentences to explain each diagram, what it represents, and how you arrive at your solution. How do you know that your solution is correct? 2. A wholesale coffee distributor sells raw coffee beans to the St. Johns Roasters. Since St. Johns Roasters buys a large quantity of raw beans, the wholesaler reduces their price by 2/11 on every 10-pound bag of beans that are purchased. St. Johns Roasters roasts the beans and sells the coffee to Maxine's Koffee Klatch at an increase of 1/3 their price for every 10-pound bag of beans. Maxine sells 10-pound bags to her Koffee Klub customers at a discounted price of 1/6 off of the wholesale price Maxine pays St. Johns Roasters. This discounted price is $42. What is the price the wholesale coffee distributor pays for each 10-pound bag of coffee? You must solve this problem using rectangles to find the fractions. You may check your work by using an algebraic equation. However, the problem should be explained by referring to the diagrams. Use complete sentences to explain each diagram, what it represents, and how you arrive at your solution. How do you know that your solution is correct?
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Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
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