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Coffee Beans

Mrs. Olsen, a coffee processor, markets three blends of coffee. They are; Brand X , Minim and Taster’s Reject. Olsen uses two types of coffee beans to make the three different brands; Columbian and Mexican Beans.  The following chart list the composition of the blends:

 

Brand

Percentage of Columbian Beans

Percentage of Mexican Beans

Brand X

80%

20%

Minim

50%

50%

Tasters Reject

30%

70%

Ms. Olsen has already purchased 20,000 pounds of Columbian beans at 90 cents per pound, and she has purchased 30,000 pounds of Mexican beans at 50 cents per pound. At such, these resources are available for use.  Unused Columbian beans can be sold at cost to another processor, but unused Mexican beans can be sold only for 35 cents per pound. Due to warehouse space limitations, Ms. Olsen must dispose of all unused beans.

 

Brand X sells for $2.60 per pound, Minim sells for $2.50 per pound, and Taster’s Reject brings $2.34 per pound. All three products have the same production and packaging costs of $1.20 per pound.

Ms. Olsen is interested in finding the production schedule that will maximize profit.

Formulate a relevant linear programming model or this problem to maximize profit and determine the solution.

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ACC206 Week 1 and Week 2

What are the cost involved in accounting solutions?

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ACC205 Final Paper

How do you analyze a financial statement to see whether a company is profitable or not?

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“Famine, Affluence, and Morality-PHI 200 (Peter Singer)”…….GET YOUR A+ !!

Please read the article “Famine, Affluence, and Morality,” by Peter Singer and complete the following tasks:

Explain Singer’s goal in this article, and then present his argument in relation to this issue. Explain three counter-arguments to Singer’s position that he addresses in his article, and then indicate Singer’s responses to those counter-arguments. Define Singer’s concept of marginal utilityand identify how it relates to his argument. Compare how the ideas of duty and charity change in Singer’s proposed world? Finally, present your personal response to Singer (this should be no more than one page of the entire assignment). Provide an argument either in support of Singer’s position, against his position, or somewhere in the middle of his position. Remember that when you present your own positions you need to support those positions with as much logical reasoning and factual evidence as possible.

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ACC-650 Marvelous Marshmellow corporation

The following data are the actual results for Marvelous Marshmallow Company for October.

Actual output ………………………………………………………………………………………………………………… 9,000 cases

Actual variable overhead …………………………………………………………………………………………………. $405,000

Actual fixed overhead ……………………………………………………………………………………………………… $122,000

Actual machine time ………………………………………………………………………………………………………. 40,500 machine hours

Standard cost and budget information for Marvelous Marshmallow Company follows:

Standard variable-overhead rate ………………………………………………………………………… $9.00 per machine hour

Standard quantity of machine hours ……………………………………………………………………. 4 hours per case of marshmallows

Budgeted fixed overhead ………………………………………………………………………………….. $120,000 per month

Budgeted output …………………………………………………………………………………………….. 10,000 cases per month

Required:

1. Use any of the methods explained in the chapter to compute the following variances. Indicate

whether each variance is favorable or unfavorable, where appropriate.

a. Variable-overhead spending variance.

b. Variable-overhead efficiency variance.

c. Fixed-overhead budget variance.

d. Fixed-overhead volume variance.

2. Build a spreadsheet: Construct an Excel spreadsheet to solve the preceding requirement. Show

how the solution will change if the following information changes: actual output was 9,100 cases,

and actual variable overhead was $395,000.

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ETH 557 Week 1 Individual Ethics Case Study

ETH 557 Individual Ethics Case Study

Write a 350- to 700-word paper explaining the following:

Given the current pressures on China, Jamaica, and America expressed in the article, how would ethics play a role in decision making for financial, environmental, and cultural issues?

How are the concepts of positive and normative economics

reflected in this context?

How do market efficiency, economizing, and the market system affect these ethical issues?

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