Solve the Problem. -The Manager of a Candy Shop Sells Chocolate Covered Peanuts

question 63

Multiple Choice

Solve the problem.
-The manager of a candy shop sells chocolate covered peanuts for $10 per pound and chocolate covered cashews for $14 per pound. The manager wishes to make a 120-pound cashew-peanut mixture that will sell for $11 per
Pound. How many pounds of each should be used?

• A)60 pounds of peanuts
• B)75 pounds of peanuts 60 pounds of cashews 45 pounds of cashews
• C)90 pounds of peanuts
• D)30 pounds of peanuts 30 pounds of cashews 90 pounds of cashews

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Definitions:

Operating Activities

Business activities related to daily operations, including sales, supply chain management, and other core functions.

Accounts Receivable

Funds that a business has yet to receive from its customers for the products or services it has already provided.

Direct Method

An approach to allocate service department costs directly to producing departments without reciprocal services considered.

Sales Revenue

The total amount of money generated from the sale of goods or services by a company before any expenses are subtracted.