Which of the following combinations of cheese and wine could France produce in 40 hours ?

Answers

Answer 1

Based on the table, the combinations of cheese and wine that France could produce in 40 hours is a. 8 units of cheese and 20 units of wine.

How to determine the combinations of cheese and wine that France could produce in 40 hours?

We shall estimate the number of units of cheese and wine that France can produce in 40 hours.

From the table:

France takes 5 hours to make 1 unit of cheese.

France takes 2 hours to make 1 unit of wine.

To compute the number of units France can produce in 40 hours, we divide 40 by the respective hours:

For cheese: 40 hours / 5 hours per unit = 8 units.

For wine: 40 hours / 2 hours per unit = 20 units.

Hence, the combination of cheese and wine that France could produce in 40 hours is 8 units of cheese and 20 units of wine.

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Related Questions

Samuel Company's accumulated depreciation—equipment increased by $6,000, while patents decreased by $2,200 between balance sheet dates. There were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed a loss of $3,200 from the sale of investments. Assume no changes in noncash current assets and liabilities.
Required:
Reconcile a net income of $92,000 to net cash flow from operating activities.

Answers

Samuel Company generated a net cash flow of $103,400 from operating activities during the period.

Net income is reconciled to net cash flow from operating activities to evaluate the amount of cash generated or consumed during a period. The reconciliation of Samuel Company's net income of $92,000 to net cash flow from operating activities is as follows:

Net income$92,000Add: Depreciation expense6,000Decrease in patents2,200Loss on sale of investments3,200Net cash flow from operating activities$103,400

The depreciation expense should be added to net income since it is a noncash expense. On the other hand, the decrease in patents is added back since it is a reduction in the value of the intangible asset. T

he loss on the sale of investments is added back since it is a nonoperating expense. Hence, the net cash flow from operating activities is $103,400.In summary, Samuel Company generated a net cash flow of $103,400 from operating activities during the period.

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In South Africa, the legislation within which organisations need to comply focuses to a large degree on the social and economic transformation of the organisation, the industry in which it operates and the country as a whole. Provide a comprehensive discussion on the Broad Based Black Economic Empowerment Act (No 53 of 2006) which could counter actions that McDonald is being accused of.

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In relation to the accusations against McDonald's, the B-BBEE Act could counter these actions by requiring the company to actively promote the economic inclusion of black individuals in its operations. McDonald's would need to ensure that its employment practices promote diversity and inclusivity, with a focus on creating opportunities for previously disadvantaged individuals.

Furthermore, the Act would require McDonald's to engage in preferential procurement from black-owned businesses. This means that McDonald's would need to source goods and services from black-owned suppliers, thus contributing to the economic growth and sustainability of these businesses.

In terms of enterprise development, McDonald's could be required to invest in initiatives that support the growth and development of black-owned businesses. This could include providing financial support, mentorship programs, and skills development opportunities.

Overall, the B-BBEE Act is designed to promote a more inclusive and equitable society by addressing historical imbalances. If McDonald's is found to be in violation of the Act, it may face legal consequences and be required to take corrective actions to comply with the legislation.

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1. Discuss the emerging issues in cost and management accounting ( 15 marks)

2. ABC Ltd made the following purchases
Date of purchase Units purchased Price/unit
1st January 500 100
2nd January 600 200
3rd January 800 400
Units used on 4th January are 900.
Required:
Determine the cost of units used and the value of the closing stocks using FIFO, LIFO and
weighted average. (15 marks)

Answers

The emerging issues in cost and management accounting are:

Sustainability as well as Environmental AccountingTechnology as well as AutomationIntegrated Reporting and Non-Financial Performance Measures, etc.

What is the emerging issues in cost and management accounting

New technology like robots and smart software is changing the way we do accounting work and save money. We use special computer programs to help us figure out how much things cost and keep track of the numbers.

Using only financial measures to judge business success is not enough anymore. People now uses "Integrated Reporting" and includes non-financial measures as well.

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