Simpkins Ltd is currently experiencing a shortage of skilled labour. In the coming quarter only 3,600 hours will be available for the production of the firm's three products for which details are shown below: Product X Y Selling price per unit Variable cost per unit Fixed cost per unit Skilled labour per unit Maximum quarterly demand £66 £100 £120 £42 £75 £90 £30 £34 £40 0.40 hours 0.50 hours 0.75 hours 5,000 5,000 2,000 The optimum production plan that will maximise profit for the quarter is: 0 X's 2,200 Y's and 200 Y's and (A) (В) (C) (D) 5,000 X's 5,000 X's 3,200 Y's and 9,000 X's 2,000 Z's 2,000 Z's 0 's O 's O Y's and

Simpkins Ltd is currently experiencing a shortage of skilled labour. In the coming quarter only 3,600 hours will be available for the production of the firm's three products for which details are shown below: Product X Y Selling price per unit Variable cost per unit Fixed cost per unit Skilled labour per unit Maximum quarterly demand £66 £100 £120 £42 £75 £90 £30 £34 £40 0.40 hours 0.50 hours 0.75 hours 5,000 5,000 2,000 The optimum production plan that will maximise profit for the quarter is: 0 X's 2,200 Y's and 200 Y's and (A) (В) (C) (D) 5,000 X's 5,000 X's 3,200 Y's and 9,000 X's 2,000 Z's 2,000 Z's 0 's O 's O Y's and

Name: Simpkins Ltd is currently experiencing a shortage of skilled labour.
Uploaded: 2024-03-20T06:33:06.000Z
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Description: Simpkins Ltd is currently experiencing a shortage of skilled labour. In the coming quarteronly 3,600 hours will be available for the production of the firm's three products for whichdetails are shown below:ProductXYSelling price per unitVariable cos

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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