For HJK Limited the following data are relevant to its products A and B: Product LProduct F Per unit Rs Rs Selling price Costs: Direct materials45.00 Direct wages: Department: 1 200.00 240.00 50.00 16.00 222.50 310.00 Variable overhead6.50 20.00 13.50 30.00 11.50 • Fixed overhead is budgeted at Rs 275,000 per annum. • Relevant data for each department are: • In the present environment, it is not possible to engage any more employees. (a) Show mathematically the objective functions and the constraints. (b) Compute the dual of the primal and solve both problems using graphical method also solve the dual of the corresponding primal problem using hit and trial method and compare your answers.

For HJK Limited the following data are relevant to its products A and B: Product LProduct F Per unit Rs Rs Selling price Costs: Direct materials45.00 Direct wages: Department: 1 200.00 240.00 50.00 16.00 222.50 310.00 Variable overhead6.50 20.00 13.50 30.00 11.50 • Fixed overhead is budgeted at Rs 275,000 per annum. • Relevant data for each department are: • In the present environment, it is not possible to engage any more employees. (a) Show mathematically the objective functions and the constraints. (b) Compute the dual of the primal and solve both problems using graphical method also solve the dual of the corresponding primal problem using hit and trial method and compare your answers.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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