# You have 24 cups of milk.You need 1.25 cups to make one serving of deep-fried chicken.How many servings can you make? Whole servings only - round downrather than using partial servings.Answer:to make a servings of roast beef gravy.

19.2 serving

Explanation:

Because if you have 24 cups of milk and need 1.25 cups to make 1 serving we would have to divide.

24 cups of milk - 1.25 cups of milk per serving = 19.2

## Related Questions

What are 2 branches of classical viewpoint of management

As a result, the classical management theory developed from efforts to find the “one best way” to perform and manage tasks. This school of thought is made up of two branches: classical scientific and classical administrative, described in the following sections.

suppose the transfers of pillars to the lantern would reduce sales to outside customers by 15000. whats the lowest transfer price that would

\$1.20

Explanation:

Variable cost per pillar is \$0.80, there is demand of pillar for 15000 by an outside customer. The selling cost is around \$0.40. The total variable cost is \$1.20, this is minimum transfer price that can be set by the supplier.

A new aluminum part production facility opened for business, selling products for \$9,000 each. The rent on the facility building is \$5,000/month and additional utilities cost \$15,000/month. The production line is open 24 hours every day of the month (calculate with 30 days per month). Each day has three 8-hour shifts with 10 workers present in each of these snifts. All workers get paid \$30/hour. The materials used for your product cost \$2,500/product. Your accountant advises you that your corporate taxes are estimated to be \$500/product. Calculate, how many products you must make and sell in one month to make a \$1,000,000 profit per month.

Break-even point in units= 172 units

Explanation:

Fixed costs=  5,000 + 15,000= \$20,000

Direct labor cost= [(10*8)*3]*30= \$7,200

Tax= \$500 per unit

Direct material= \$2,500 per unit

To calculate the number of units to be sold, we need to use the following formula:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (20,000 + 7,200 + 1,000,000) / (9,000 - 500 - 2,500)

Break-even point in units= 172 units

Prove:

Sales= 172*9,000= 1,548,000

Variable costs= 172*3,000= (516,000)

Contribution margin= 1,032,000

Fixed costs= 27,200

Net income= 1,004,800

On January 2, 20Y4, Whitworth Company acquired 40% of theoutstanding stock of Aloof Company for \$340,000. For the year
ended December 31, 2024, Aloof Company earned income of
\$180,000 and paid dividends of \$10,000. On January 31 2045,
Whitworth Company sold all of its investment in Aloof Company
stock for \$405,000.

Journal entries needed for:

a. Purchase of stock

b. Share of Aloof income

c. Dividend

d. Sale of Aloof company stock

a. Purchase of stock

Date                  Account Title                                   Debit                      Credit

Jan 2, 20Y4      Investment in Aloof company       \$340,000

stock

Cash                                                                          \$340,000

b. Share of Aloof income

Date                  Account Title                                   Debit                      Credit

Dec 31, 2024     Investment in Aloof company       \$72,000

stock

Income of Aloof Company                                        \$72,000

Working:

= 40% * 180,000 income

= \$72,000

c. Dividend

Date                  Account Title                                   Debit                   Credit

Dec 31, 2024     Cash                                             \$4,000

Investment in Aloof company                                  \$4,000

stock

Working:

= 40% * 10,000 dividend

= \$4,000

d. Sale of stock

Date                  Account Title                                   Debit                      Credit

Dec 31, 2024    Cash                                             \$405,000

Loss on sales of Aloof                 \$3,000

company stock

Investment in Aloof company                                  \$408,000

stock

Working:

Value of stock = Purchase price + share of Aloof income - Share of dividend

= 340,000 + 72,000 - 4,000

= \$408,000

The question from the field of business involves interpretation of financial accounting situation where Whitworth Company acquired stock in Aloof Company and later sold it. The income and dividends of Aloof Company have implications on Whitworth Company's accounting statements. The sale of investments will be accounted for as a gain or loss.

### Explanation:

The subject of this question is in the field of Business, specifically financial accounting and it appears to be of College grade level. The question requires an understanding of how to account for investments in another company's stock.

When Whitworth Company acquired 40% of Aloof Company's outstanding stock, it made an investment of \$340,000.

For the year ended December 31, 2024, Aloof Company's earned income of \$180,000 will proportionally impact Whitworth's net income due the equity method of accounting. Whitworth will then account for 40% of the \$180,000, which is \$72,000, in its income statement.

Also, the dividends paid by Aloof company are not income to the investor but return of investment. So, Whitworth will decrease its investment account by 40% of \$10,000 (\$4,000).

Finally, in 2045, when Whitworth sold its investment in Aloof Company's stock for \$405,000, the difference between the selling price and the initial price will be accounted as gain or loss. In this case, it will be a gain of \$65,000 (\$405,000 - \$340,000).

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Rice Dazzle Inc. has been making the same breakfast cereal for 50 years. Recently, sales have plummeted. To counteract this, the company created a new package that included an endorsement by a celebrity. As a result, sales increased close to previous highs. However, the cereal itself remained the same. According to the VRIO framework, is the new packaging a valuable resource for Rice Dazzle?

No

Explanation:

The new packaging did not improve the product itself.

According to the VRIO framework, in order for the packaging to be a valuable resource it has to enable the company to exploit opportunities or defend against threats, it also needs to help organizations to increase the perceived customer value by increasing differentiation or/and decreasing the cost of the product. If the resources do not meet this condition, it can lead to competitive disadvantage.

Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Fees Earned (402); Salaries Expense (601); and Utilities Expense (602).

Eric Pense Journal Entries:

a. Dr Cash\$23,000

Dr Office Equipment12,000

Cr Pense, Capital\$35,000

b. Dr Land \$8,000

Dr Building \$33,000

Cr Cash\$15,000

Cr Notes payable\$26,000

c.Dr Supplies 600

Cr Accounts payable\$600

d.Dr Automobile\$7,000

Cr Capital\$7,000

e.Dr Office Equipment\$1,100

Cr Accounts payable\$1,100

f.Dr Salary \$800

Cr Cash\$800

g.Dr Cash\$2,700

Cr Fees Earned\$2,700

h. Dr Utilities Expense\$430

Cr Cash\$430

i.Dr Account payable\$600

Cr Cash\$600

J. Dr Office Equipment \$4,000

Cr Cash\$4,000

k. Dr Accounts receivables\$2,400

Cr Fees Earned\$2,400

l. Dr Salary\$800

Cr Cash\$800

m. Dr Cash\$1,000

Cr Accounts Receivable\$1,000

n.Dr Pense, Withdrawal\$1,050

Cr Cash\$1,050

Explanation:

To record the transactions using the given account titles, journal entries need to be prepared. Each transaction must be debited and credited to the appropriate accounts based on the nature of the transaction.

### Explanation:

In order to record the transactions provided, journal entries need to be prepared using the given account titles. Here is an example of how to record a transaction using these accounts:

1. On June 1, the company received \$5,000 cash from a customer as payment for services rendered.
2. The journal entry to record this transaction would be:
3. Debit: Cash (101) \$5,000
4. Credit: Fees Earned (402) \$5,000

Continue the same process for all other transactions, making sure to debit and credit the appropriate accounts based on the nature of the transaction. Use the given account numbers to assign each entry to the correct account.

Overall, journal entries are used to record the financial transactions of a business, showing how money is received or spent and the impact on various accounts.