Solve the Problem Using Matrices

question 330

Multiple Choice

Solve the problem using matrices.
-Ellen wishes to mix candy worth $2.19 per pound with candy worth $7.87 per pound to form 22 pounds of a mixture worth $6.58 per pound. How many pounds of the more expensive candy should she use?

• A) 5 lb
• B) 17 lb
• C) 7 lb
• D) 22 lb

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Definitions:

Donations

Voluntary transfers of resources, such as money or goods, to individuals or organizations without the expectation of direct return or compensation.

Spending Variances

Differences between the budgeted or standard cost amounts and the actual costs incurred.

Favorable

A term used in financial analysis to describe a situation, condition, or variance that leads to a positive outcome or better-than-expected results.

Unfavorable

A term often used to describe a variance or result that negatively impacts a business or its financial performance.