Ninety Adults Are Expected to Attend a Book Signing $11 \frac { 1 } { 8 }$

question 85

Multiple Choice

Ninety adults are expected to attend a book signing. Each adult will drink 2 c of coffee. How many gallons of coffee should be prepared?

• A) \(11 \frac { 1 } { 8 }\) gal
• B) \(12 \frac { 1 } { 4 }\) gal
• C) \(11 \frac { 1 } { 4 }\) gal
• D) \(22 \frac { 1 } { 2 }\) gal
• E) \(45 \frac { 7 } { 4 }\) gal

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Definitions:

Product Cost

The total amount of costs directly assigned to the creation of a product, including materials, labor, and overhead.

Operating Expenses

All the costs associated with the day-to-day operations of a business, excluding the direct costs of producing goods and services.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business, including accounts payable, short-term loans, and taxes payable.

Indirect Costs

Expenses not directly tied to the production of goods or services, such as rent, utilities, and administrative salaries.