Regular inspection of product quality in a long running, established manufacturing process (regular consumer goods), using the same amount of resources every inspection, can most likely be considered to be:
Answers
A manufacturing process where the same method is used with same amount of resources for every inspection can most likely considered to be either a value added activity or a business value added activity.
What is a manufacturing process?A process which involves the production of finished goods by using the methods of compilation of supplies and raw materials with a set formula, is known as a manufacturing process.
Hence, option D holds true regarding the manufacturing process. The complete question has been attached as an image for better reference.
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Related Questions
The (blank)
is responsible for scheduling work throughout the factory.
factory manager
production planner
first-line supervisor
industrial engineer
Answers
Schedules, people calling out sick, vacation schedules, HR, help with hiring people, and a lot more.
Production planner’s job is to plan production specifically, not deal with a people’s work schedule.
First-line supervisor is on the floor, “front line”, dealing with daily issues involving the work itself (done by the workers... supervisor supervises).
The industrial engineer is the person who designs the project that the factory is working on (nothing to do with scheduling).
Answer:
Factory manager
Explanation:
i took the test
Which is a common way to send money from your bank to a bank in a different country?(1 point)
A. deposit
B. withdrawal
C. service fee
D. wire transfer
Answers
Answer:
I would say the answer is D. Wire Transfer
1.Is the demand for Good X Elastic or Inelastic between $9 and $10? Use the above demand schedule to answer this. explain(3 marks)
2.What happens to the Demand Curve of a Good X if the price of Good Y (a
substitute good) increases?Explain why the demand curve for Good X changed?(3 marks)
3.What type of demand would there be for a good that had NO substitutes? explain(2 marks)
4.There is an expectation that the
price of the product will soon
fall, what happens to demand(2 marks)
class 10 icse economics applications- chapter- demand pls help me i need urgent answer i will be very grateful pls help me
Answers
Answer:
1. Demand for good X is Elastic
2. The demand curve for good X shifts outward or rightward.
If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.
3. Demand would be inelastic if there were no substitutes.
If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.
4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
Elasticity of demand for good X = percentage change in quantity demanded / percentage change in price
percentage change in quantity demanded = (150 / 110) - 1 = 0.364 = 36.4%
percentage change in price = (9/10) - 1 = 0.1 = -10%
Elasticity = 36.4 / -10 = -3.64 = 3.64
the coefficient of elasticity is greater than one, so demand is elastic
2. Substitute goods are goods that can be used in place of another good.
If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.
3. Demand would be inelastic if there were no substitutes.
If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.
4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.
In the purchase of Class A shares, many mutual funds provide quantity discounts to those reaching breakpoints specified in the fund's prospectus. To qualify for the quantity discount, purchases of which of the following may not be combined under the definition of any person?
A) Spouses investing in a joint account and individual accounts
B) A parent's account and the parent's child in a UTMA account
C) A parent and a 35-year-old child investing in separate accounts
D) A trustee of an irrevocable trust and the beneficiary of that trust
Answers
Answer:
C. A parent and a 35-year-old child investing in separate accounts
Explanation:
Which of these is NOT one of the basic functions of the management process? a. staffing b. inspecting C. controlling O d. leading
Answers
B. Inspecting is not one of the basic functions of the management process.
The basic functions of the management process are planning, organizing, leading, and controlling. Planning involves setting goals and objectives and determining how to achieve them. Organizing involves allocating resources and assigning tasks.
Leading involves motivating and inspiring employees to achieve goals. Controlling involves monitoring progress and taking corrective action when necessary.
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Q9. WE Company has completed all operating budgets other than the income statement for 2024. Selected data from these budgets follow.
Sales: $350,000
Purchases of raw materials: $145,000
Ending inventory of raw materials: $15,000
Direct labor: $40,000; Manufacturing overhead: $73,000, including $3,000 of depreciation expense
Selling and administrative expenses: $36,000 including depreciation expense of $1,000; Interest expense: $1,000
Principal payment on note: $2,000; Dividends declared: $2,000 and Income tax rate: 30%
Other information:
Assume that the number of units produced equals the number sold.
Year-end accounts receivable: 4% of 2024 sales.
Year-end accounts payable: 50% of ending inventory of raw materials.
Interest, direct labor, manufacturing overhead, and selling and administrative expenses other than depreciation are paid as incurred.
Dividends declared and income taxes for 2014 will not be paid until 2015.
Instructions
(a) Calculate budgeted cost of goods sold.
(b) Prepare a budgeted income statement for the year ending December 31, 2014.
(c) Prepare a budgeted balance sheet as of December 31, 2014
Answers
Answer:
(a) To calculate the budgeted cost of goods sold, we need to use the following formula:
Beginning Inventory of Raw Materials + Purchases of Raw Materials - Ending Inventory of Raw Materials + Direct Labor + Manufacturing Overhead = Total Manufacturing Costs
$0 (assuming no beginning inventory of raw materials) + $145,000 - $15,000 + $40,000 + $73,000 = $243,000
Then, we can use the following formula to calculate the budgeted cost of goods sold:
Total Manufacturing Costs + Beginning Finished Goods Inventory - Ending Finished Goods Inventory = Cost of Goods Sold
$243,000 + $0 - $0 = $243,000
Therefore, the budgeted cost of goods sold is $243,000.
(b) Using the information above, we can prepare a budgeted income statement for the year ending December 31, 2014 as follows:
WE Company
Budgeted Income Statement
For the Year Ending December 31, 2014
Sales $350,000
Cost of Goods Sold $243,000
Gross Profit $107,000
Selling and Administrative Expenses $36,000
Depreciation $1,000
Interest Expense $1,000
Income before Taxes $69,000
Income Tax Expense $20,700
Net Income $48,300
(c) Using the information above, we can prepare a budgeted balance sheet as of December 31, 2014 as follows:
WE Company
Budgeted Balance Sheet
As of December 31, 2014
Assets
Cash TBD
Accounts Receivable TBD
Inventory of Raw Materials $15,000
Finished Goods Inventory TBD
Total Assets TBD
Liabilities and Stockholders' Equity
Accounts Payable TBD
Note Payable TBD
Stockholders' Equity TBD
Total Liabilities and Stockholders' Equity TBD
To complete the budgeted balance sheet, we need additional information such as the amount of cash, accounts receivable, finished goods inventory, note payable, and stockholders' equity.
The effort used to coordinate the factors of production is a description of:_______
a. physical capital.
b. human capital.
c. labor.
d. entrepreneurship.
Answers
Answer:
The effort used to coordinate the factors of production is a description of entrepreneurship.
The effort used to coordinate the factors of production is a description of d. entrepreneurship.
What are the factors of production in entrepreneurship?
The elements of production are assets that are the constructing blocks of the financial system; they're what human beings use to produce items and offerings. Economists divide the factors of production into 4 categories: land, labor, capital, and entrepreneurship.
Within the first halg of the 20th century, some authors added the work of organization or entrepreneurship as a fourth factor of manufacturing. This has become preferred within the publish-struggle Neoclassical synthesis.
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Why is integrity important in your personal life
Answers
Answer:
personally (in the stands of being you) . Intergrity is important to me because it helps us to be able to trust one another academically and professionally. Intergrity helps keep one another accountable. When we use integrity we are being honest with outselfs and others. Hope this helps let me know :)
Explanation:
then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
Answers
Which of the following statements regarding horizontal analysis is incorrect? O Percentage analysis attempts to eliminate the materiality problem of comparing forms of different sizes. O Percentage analysis involves establishing the relationship of one amount to another. O In doing horizontal analysis, an account is expressed as a percentage of the previous balance of the same account. O A horizontal analysis of cost of goods sold on the income statement includes dividing net income by total revenue.
Answers
The statement that is incorrect regarding horizontal analysis is "A horizontal analysis of cost of goods sold on the income statement includes dividing net income by total revenue. "over a period of time, such as comparing the current year's cost of goods sold to the previous year's cost of goods sold.
It does not involve dividing net income by total revenue. Horizontal analysis involves comparing financial data over a period of time to identify trends and changes. It is commonly used to analyze items such as revenue, expenses, and balance sheet items. The statement above is incorrect because dividing net income by total revenue is not part of the horizontal analysis of cost of goods sold.
Horizontal analysis of cost of goods sold would typically involve comparing the cost of goods sold from one period to another to analyze the changes in the cost of producing goods or services.
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What do sociologists mean when they claim that they study how social contexts influence individuals?
Answers
When sociologists claim that they study how social contexts influence individuals, they mean that they investigate how the social environment, including cultural norms, values, and institutions, shapes an individual's thoughts, behaviors, and attitudes.
Sociology is a social science that focuses on the study of human society, including social interactions, social structures, and social change.
One of the key areas of inquiry in sociology is the relationship between the individual and the social context in which they live. Sociologists recognize that social contexts, including cultural norms, values, and institutions, shape the way individuals think, behave, and perceive the world around them.
For example, an individual's beliefs, values, and attitudes may be influenced by their family, peers, school, religion, or media. Sociologists investigate how these social contexts shape an individual's life trajectory, including education, employment, health, and well-being.
By studying the impact of social contexts on individuals, sociologists can identify patterns and trends in social behavior, as well as develop strategies to address social problems and promote positive social change.
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the objective of a review of interim financial information (ifi) of a nonissuer is to provide an auditor with a basis for reporting whether a reasonable basis exists for expressing an updated opinion regarding the financial statements that were previously audited. material modifications should be made to conform with the applicable financial reporting framework. the ifi conforms to the aicpa standards for interim financial reporting. the financial statements are presented fairly in accordance with the applicable financial reporting framework.
Answers
The objective of a review of interim financial information (IFI) of a nonissuer is to provide an auditor with a basis for reporting whether a reasonable basis exists for expressing an updated opinion regarding the financial statements that were previously audited. The review process involves performing limited procedures and inquiries to obtain limited assurance about whether the IFI is free from material misstatements.
If the auditor identifies any material modifications that need to be made to conform with the applicable financial reporting framework, they should be communicated to the entity. The auditor's objective is to ensure that the IFI adheres to the appropriate financial reporting framework, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS), depending on the jurisdiction.
The statement mentioned that the IFI conforms to the AICPA (American Institute of Certified Public Accountants) standards for interim financial reporting, indicating that the reporting follows the guidelines set forth by the AICPA.
Lastly, the auditor's report should state whether, in their professional judgment, the financial statements present fairly in accordance with the applicable financial reporting framework. This opinion is based on the limited review procedures performed and the information obtained during the review engagement.
It's important to note that this response is a general explanation based on the information provided. The specific requirements and standards may vary depending on the jurisdiction and applicable regulations.
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______permits companies to tailor offers and content to needs and interests of carefully defined segments, which in turn helps develop long-lasting customer relationships as well as resulting in immediate responses.
Answers
Direct Marketing permits companies to tailor offers and content to needs and interests of carefully defined segments, which in turn helps develop long-lasting customer relationships as well as resulting in immediate responses.
How Does Direct Marketing Work?Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing. Campaigns can be sent using mail, email, social media, and texting, among other distribution methods.
The act of presenting an offer directly to a target client and providing them with a way to respond immediately is known as direct marketing. It is sometimes referred to as direct response marketing among practitioners. Advertising, in contrast, is a form of mass messaging.
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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Answers
Recently, the cable television networks have bombarded viewers with a variety of shows based around teams that come in to redecorate homes and gardens in a very short time frame. Since these teams are typically made up of men and women of different ethnic backgrounds, age, and physical capabilities, the fact they work so well with each other to accomplish the redecorating goal is an example of ____.
a. discrimination heterogeneity
b. social integration
c. organizational plurality
d. acculturation
e. an integrative locus of control
Answers
Answer:
social integration. i hope this helps for you!
Explanation:
what are three primary reasons for asking others to review and comment on a presentation
Answers
Answer: to review content for accuracy, suggest improvements, or document feedback
Explanation:
i just took it
in which major sales relationships are ethical issues likely to arise? (choose every correct answer.) multiple select question. between individual customers between salespeople and customers between sales management and sales force between salespeople and company policy
Answers
The ethical issues are more likely to arise between sales management and sales force.
What is meant by ethical issues?A moral conflict in the workplace is referred to as an ethical dilemma because it is a situation in which a moral standard is being questioned. When a moral quandary appears and needs to be resolved within a company, ethical concerns arise.
When a choice, action, or circumstance goes against the organization's or society's ethical standards, there is an ethical problem in business. Since others may question their behavior from a moral perspective, both organizations and people might become entangled in ethical issues.
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Students will write a three-page essay about themselves, and their families! This essay can include detailed family history, sharing any struggles that their family has faced. Students should also include their own background, school interests, activities, work, etc., (About 375 words)
Answers
In writing an essay you must consider the structure of the essay, Hence, the structure of the essay should be considered;
The Introduction The bodyThe conclusionFor this essay concentrate on yourself and write about what makes you you.
This is further explained below.
What is family?Generally, A family is a group of two or more people who are connected by blood, marriage, or adoption and who live together; all of these people are regarded as belonging to the same family.
In conclusion, Write about yourself as well as the unique features of your family, detailed family history, sharing any struggles that your family has faced.
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T/F? The two components that are required in order to carry out asset valuation are (1) the stream of expected cash flows and (2) the required rate of return.
Answers
The given statement “The two components that are required in order to carry out asset valuation are (1) the stream of expected cash flows and (2) the required rate of return” is true.
These components are essential in determining the value of an asset, as they help to estimate the present value of future cash flows generated by the asset and assess the risk associated with it.
The expected cash flows represent the anticipated future cash inflows and outflows associated with the asset, while the required rate of return, often referred to as the discount rate or the cost of capital, represents the minimum rate of return that an investor or company requires to justify investing in the asset.
These two components are used in various valuation methods, such as discounted cash flow (DCF) analysis, to determine the present value or intrinsic value of an asset.
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Carla Vista Corporation has current liabilities of $439,000, a quick ratio of 1.7, inventory turnover of 5.3, and a current ratio of 3.6. What is the cost of goods sold for Carla Vista Corporation? Cost of goods sold $
Answers
The cost of goods sold for Carla Vista Corporation is 5.3 * (1.9 * 439,000), which is equal to 4,187,580.This is a simplified calculation using the given ratios, and it's important to consider other factors and financial statements for a comprehensive analysis.
To calculate the cost of goods sold for Carla Vista Corporation, we need to use the inventory turnover ratio. The inventory turnover ratio measures how quickly a company sells its inventory.
The formula for inventory turnover is:
Inventory Turnover = Cost of Goods Sold / Average Inventory
Given that the inventory turnover is 5.3, we can rearrange the formula to solve for the cost of goods sold:
Cost of Goods Sold = Inventory Turnover * Average Inventory
Since we don't have the average inventory information, we'll use the quick ratio and the current ratio to find the average inventory.
The quick ratio is the ratio of quick assets (current assets minus inventory) to current liabilities. In this case, the quick ratio is 1.7.
The current ratio is the ratio of current assets to current liabilities. Here, the current ratio is 3.6.
Let's assume the average inventory is represented by "I".
Using the quick ratio, we can write the equation:
Quick Assets / Current Liabilities = 1.7
(Current Assets - I) / Current Liabilities = 1.7
Current Assets - I = 1.7 * Current Liabilities
Current Assets = 1.7 * Current Liabilities + I
Using the current ratio, we can write the equation:
Current Assets / Current Liabilities = 3.6
(1.7 * Current Liabilities + I) / Current Liabilities = 3.6
1.7 + (I / Current Liabilities) = 3.6
I / Current Liabilities = 3.6 - 1.7
I / Current Liabilities = 1.9
Now, we can substitute the value of I/Current Liabilities in the equation for Current Assets:
I / Current Liabilities = 1.9
I = 1.9 * Current Liabilities
Finally, we substitute the value of I in the formula for the cost of goods sold:
Cost of Goods Sold = 5.3 * I
Cost of Goods Sold = 5.3 * (1.9 * Current Liabilities)
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PLEASE HURRYYYY THIS IS DUE RIGHT NOW 20 POINTS
Please select the word from the list that best fits the definition Fossil fuels are the only cause of global warming. Absolute or Qualified?
Answers
Answer:
absolute
Explanation:
cause oils from mine feilds an certain refreshners cause global warming
Answer:
Absolute
Explanation:
if the aggregate supply curve is upward sloping, then aggregate demand _______ will cause both prices and output to rise.
Answers
If the aggregate supply curve is upward sloping, an increase in aggregate demand will cause both prices and output to rise. When aggregate demand increases, it means that the total spending in the economy is rising. As a result, businesses experience higher demand for their goods and services.
An upward sloping aggregate supply curve implies that as output increases, the costs of production also increase. This could be due to factors such as limited availability of resources or increasing production costs. When aggregate demand increases, businesses respond by increasing their output to meet the higher demand. However, as they produce more, they incur higher costs, such as increased wages or raw material expenses.
As a result, businesses pass on these increased costs to consumers in the form of higher prices. The rise in prices is known as inflation. At the same time, due to the increased output, there is also an expansion of the overall production level, leading to higher real GDP (output).
In summary, when the aggregate supply curve is upward sloping, an increase in aggregate demand leads to a rise in both prices (inflation) and output (real GDP) due to increased production costs and expanded production levels.
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What documents will you include in your portfolio?
How will creating a portfolio benefit you with future employment?
Answers
Answer:
./Table of Contents
./Career and professional development goals, tailored for each ./interviewer
./Work philosophy statement; personal mission statement
./List of areas of expertise
./Works in progress (activities and projects)
./Samples of your best work from academic, employment, and internship settings
./Resume, references, transcripts, letters of recommendation
./Evaluations from work/volunteer experiences, agendas of meetings you conducted
./Certificates, diplomas, licenses, awards, letters of appreciation you received
./Records of community service/volunteer work
./Professional memberships and service activities
./Work reports or excerpts from term papers
./Grants or proposals you wrote
./Newspaper clippings featuring you, media clips of your work, promotional materials you designed
./Photographs of you in a professional setting
./Printouts/links to websites, web pages, or blogs you created
./Certificates of attendance from seminars or workshops
./Documentation of leadership experience
this will help you greatly in the future when it comes to people looking to higher you as it shows your skills/weaknesses
Explanation:
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John would like to contact several trade associations, but he's not sure where to look for information. What is the most efficient way for John to find the
information he wants?
A. Search the D&B Database.
B. Contact the SBA.
C. Ask a librarian.
D. Check out hoovers.com.
Answers
The most efficient way for John to find information about trade associations would be to search the A. D&B Database.
How can John find information on trade associations ?The D&B (Dun & Bradstreet) database is a comprehensive business database that includes information on millions of companies, including trade associations. John can search for trade associations using keywords or industry codes to find the information he needs.
Both the D&B Database and hoovers.com are reliable sources of business information and can help John efficiently locate the trade associations he's interested in.
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The Quorum Company has a prospective 5-year project that requires initial fixed asset costing $2.600.000, annual fixed costs of $515,000, variable costs per unit of $18,000, a sales price per unit of $44,000, a discount rate of 20 percent, and a tax rate of 21 percent. What is the financial break-even point?
Answers
If the Quorum Company has a prospective 5-year project that requires initial fixed asset costing $2.600.000. The financial break-even point is approximately 120 units.
What is the break-even point?The formula to calculate the financial break-even point is :
Break-even point (in units) = Fixed Costs / (Sales Price per unit - Variable Costs per unit)
Financial break-even point:
Fixed Costs = Initial fixed asset cost + Annual fixed costs
Fixed Costs = $2,600,000 + $515,000
Fixed Costs = $3,115,000
Break-even point (in units) = $3,115,000 / ($44,000 - $18,000)
Break-even point (in units) = $3,115,000 / $26,000
Break-even point (in units) ≈ 119.81
Break-even point (in units) ≈ 120 units
Therefore, the financial break-even point is approximately 120 units.
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When calculating unemployment rate, how do you factor in a part-time employee,
such as someone working 20 hours a week but wants to work 40.
A.They count as 0.5% or half employed
B.They count as fully employed
C.They are not counted as part of D.the labor force
They are counted as unemployed
Answers
They are counted as 0.5%, or the half employed, for determining the unemployment rate. The unemployment rate is the percentage of jobless people in the labour force.
The labour force is made up of people who are either employed or unemployed. The Centre for Monitoring Indian Economy said that India's unemployment rate rose from a four-year low of 6.43% in September to 7.77% in October. A person is said to be unemployed if they are actively looking for work and are thought to be the employable. This group includes those who are in the workforce but do not have acceptable occupations.
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qualcomm is a company known for their Technology and Intellectual Property. Please provide a response to the following questions:- What is their stock price today and what was it one year ago?- What might the reason for the increase or decrease in the stock price in the last year?- Describe one of the patents awarded to Qualcomm.- For the patent example provided in #2, how has this contributed to Qualcomm's company value?
Answers
Qualcomm is indeed a technology company known for its Intellectual Property, particularly in the field of wireless communications. The stock price of Qualcomm can fluctuate based on a variety of factors such as market demand, company financials, news, and global events. One of the patents awarded to Qualcomm is for "Advanced Signal Processing for Digital Audio". This patent has contributed to Qualcomm's company value by providing a unique and valuable technology that sets them apart from competitors.
In terms of stock prices, one would need to check the most recent data to determine the current stock price and compare it to the stock price one year ago. This would provide a comparison to determine if there was an increase or decrease in stock prices. One possible reason for the increase or decrease in the stock price could be due to the company's financial performance, such as an increase in revenue, profitability or a decline in earnings. It could also be due to industry competition, changes in market demand or negative news affecting the company.
The patent awarded to Qualcomm describes a method of improving the quality of digital audio signals through advanced signal processing techniques. This technology has been incorporated into Qualcomm's Snapdragon processors, which are used in many mobile devices worldwide. By leveraging their Intellectual Property portfolio, Qualcomm can continue to innovate and improve their products, which can lead to increased market demand and ultimately drive company growth.
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Sample ________
is the number of people questioned for a survey.
Answers
___________
Answer:
Sample size
Explanation:
Sample size is the term that describes the number of objects or people involved in a research study. Sample size applies where it's impossible to get a response from the entire population due to its large size. The researcher uses several techniques to select a small number of respondents believed to represent the entire population. The small number or group selected is the sample size.
An innovative business idea that no one has never had
Answers
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
A restaurant that serves $1400 a day in meals to 140 customers with an average cost of goods sold per unit at $7.00.
What is the average unit of sale for this business?
Answers
Answer:
=$10
Explanation:
The average unit of sales will the total serves per day divided by the total number of customers.
= $1400/140
=$10
The average unit of sale is $10