Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Davids's doughnuts has been operating at a loss for the past 5 months. To makeup for lost profits management has determine they will need to

Davids's doughnuts has been operating at a loss for the past 5 months. To makeup for lost profits management has determine they will need to increase their productivity ratio so that revenue is 6 times their costs. A regular doughnut costs $1 and sells for $6. A premium doughnut costs $3 to make and sells for $8. David's doughnuts pays their employees $10 an hour and they work 30 days a month for 8 hours. Given the company already sells 9,822 regular doughnuts per year, how many premium doughnuts must they sell to achieve a productivity ratio of 4? (round your answer to 1 decimal)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project management

Authors: Harvey maylor

4th Edition

027370432X, 978-0273704324

More Books

Students also viewed these General Management questions

Question

What do you want him or her to remember most about you?

Answered: 1 week ago

Question

What points will you include in your presentation?

Answered: 1 week ago