how many units of each item should company produce to maximize profit? please solve using solver. previous expertanswer is incorrect. Given: Total fabric available: 7700 m2 Total labour hours available: 2, 000 € Skirts Maximum unitsthat can be produced: 1500 Profit per unit: 38 €. Fabric required per unit (m2): 3. Direct Labor required hours perunit: 0.5 Blouses Maximum units that can be produced: 2000 Profit per unit: 28 € Fabric required per unit (m2): 2.Direct Labor required hours per unit: 0.5 Scarves Maximum units that can be produced: 1000 Profit per unit: 17.5 €.Fabric required per unit (m2): 1. Direct Labor required hours per unit: 0.25

The objective of the question is to determine the optimal production quantity of each item (skirts,…

Answered: how many units of each item should…

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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Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one model, the Windy 2000. Units sold Sale price each Total labor hours Wage rate Total materials Total energy 1,231 $ 1,715 46,452 $ 12 $61,150 $ 4,009 Productivity per hour Calculate the productivity in sales revenue/labor expense. Note: Round your answer to 2 decimal places.
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Greg’s Breads can produce and sell only one of the following two products: Oven Contribution Hours Required Contribution Margin Per Unit Muffins 0.2 hour $3 Coffee Cakes 0.3 hour $4 The company has oven capacity of 1,500 hours. How much will contribution margin be if it produces only the most profitable product? Group of answer choices $30,000 $15,000 $22,500 $20,000
Carla Vista Innovations, Inc. produces exercise and fitness gear. Two of its newer products require a finishing process that can only be completed on machines that were recently purchased for this purpose. The machines have a maximum capacity of 10,500 machine hours, and no other products that the company makes use these machines. Sarah Jacob, the company's operations manager, is preparing the production schedule for the coming month and can't seem to find enough machine time to produce enough units to meet the customer demand that the marketing department has included in the sales budget. Michael Stoner, the company's controller, has gathered the following information about the two products: Dumbbell Weight Bench Rack Selling price per unit $44 $60 Direct materials 19 16 Direct labor 4 8 Variable overhead 3 6 Fixed overhead 5 10 Profit per unit $13 $20 Unit sales demand 5,000 8,000 Machine hours per unit 0.75 1.5
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Bluebell Ltd is a small company making gadgets. Two models are made: E_bell and D_bell. Both products require the same skilled labour which is limited. Information/data: E_bell D_bell Selling Price £150 £190 Variable Costs £110 £120 Direct labour hours per unit 4 6 Hours Direct labour hours available (per week) 900 Hours Maximum demand 100 140 Fixed overheads (per week) £4,000 a). If products can be sold up-to their max demand. What will be the maximum profit?
Please help me with show all calculation thanku
Vaughn Manufacturing can produce and sell only one of the following two products: Oven Contribution Hours Margin Per Required Unit Muffins 0.2 $8 Coffee Cakes 0.5 $5 The company has oven capacity of 3500 hours. How much will contribution margin be if it produces only the most profitable product? O $87500, O $56000. O $35000. O $140000.
Bluebell Ltd is a small company making gadgets. Two models are made: E_bell and D_bell. Both products require the same skilled labour which is limited. Information/data: E_bell D_bell Selling Price £150 £190 Variable Costs £110 £120 Direct labour hours per unit 4 6 Hours Direct labour hours available (per week) 900 Hours Maximum demand 100 140 Fixed overheads (per week) £4,000 If products can be sold up-to their max demand. Recommend the best production plan to maximise the use of the limited resource and maximise profit.
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