Answer in Simple steps
1. Simplify:
a. 8 + 6 ´ 2
b. (14 + 7) ¸ 3
c.
d. 30+8[]
e. 9 ´ (8 - 5) + 5 ´ (6 + 4)
2. Evaluate:
a.
b. )
c.
3. Departments A, B, and C occupy floor space of 310, 120 and
475 square meters respectively. If the total rental for the space
is $38 225.00 per month, how much rent should be paid by Department
B?
4. The cost of operating the Repair Department is to be
allocated to four production departments based on the floor space
each occupies. Department A occupies 1100 m; Department B, 660 m;
Department C, 880 m; and Department D, 440 m. If the July cost was
$24,000, how much of the cost of operating the Repair Department
should each production department absorb?
5. Carol, Clara and Nancy decide to buy LOTTO 649 tickets,
agreeing to share any winnings in a ratio of , which is in the same
ratio as they spent on tickets. If they end up winning $1147.00,
calculate how much each should receive from the winnings.
6. Lorraine, Estelle, and Frances own a business jointly and
share profits and losses in the same proportion as their
investments. How much of a profit of $14 500 will each receive if
their investments are $14 000, $16 000, and $15 000
respectively?
7. A pen manufacturer makes luxury pens. The pen case costs
$7.26 each, the ink holder costs $1.26 each, the spring costs $.07
each and the velvet pen case costs $0.91 each. The plant has
general and administrative costs of $55 000 and fixed selling
expenses of $37 500. The pens sell of $39.95 each. Plant capacity
is 4 000 pens per period. At what percentage of capacity is the
break-even point?
8. A local health care facility has fixed costs per month of
$187 400. They also have patient costs of $4.15 per day per patient
for linen and cleaning, medication costs are $23.32 per patient per
day and lab tests cost $75.61 per patient per day. The government
is considering allowing the health care facility to charge each
patient and amount to recover his or her costs and to make a
"profit" of $15 000 per month. The health care facility averages
690 patients per month. The VP-Finance for the facility wants you
to calculate the daily rate charge per patient. Your answer
is:
9. What sum of money will accumulate to $1426.80 in eight
months at 7.78%?
10. What is the present value of $41 230.00 due in nine months
if interest is 11.1%?
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