Use This Information to Answer the Following Questions

question 23

Multiple Choice

Use this information to answer the following questions.
A cake factory can produce cakes at the rate of 500 per day.The factory supplies its cakes to local grocery stores at a rate of 250 per day.The cost to prepare the equipment for producing the cakes is $20.Annual holding costs are $2 per cake.Assume that the factory operates 250 days a year.
-Refer to the information above.What are the total annual setup and holding costs?

• A)$1267.83
• B)$1456.12
• C)$1581.14
• D)$1390.78
• E)$1100.45

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Definitions:

Dikaryotic

Describes cells or organisms having two distinct nuclei within a single cell, typical in some fungi during certain life stages.

Composite Organism

An entity consisting of two or more different species forming a symbiotic relationship, appearing or functioning as a single biological unit.

Lichen

Composite organism consisting of a fungus and green algae or cyanobacteria.

Autotroph

An organism capable of synthesizing its own food from inorganic substances using light or chemical energy, such as plants and some bacteria.