Sunland's Wind Toys manufactures decorative kites, banners, and windsocks. During the month of January, Sunland received orders for 4,000 Valentine's Day banners and 1,400 Easter kites. Because several sewing machines are in the shop for repairs, Sunland's has only 1,200 sewing machine hours available for production of these orders. Each Valentine's Day banner sells for $12.00. The banners take one hour to sew and have a total variable cost of $10.00 per banner. The Easter kites sell for $20.00. They take 30 minutes to sew and have a total variable cost of $14.00. (a) With only 1,200 sewing machine hours available, how many units should Sunland produce for the below items? 700 Kites
Sunland's Wind Toys manufactures decorative kites, banners, and windsocks. During the month of January, Sunland received orders for 4,000 Valentine's Day banners and 1,400 Easter kites. Because several sewing machines are in the shop for repairs, Sunland's has only 1,200 sewing machine hours available for production of these orders. Each Valentine's Day banner sells for $12.00. The banners take one hour to sew and have a total variable cost of $10.00 per banner. The Easter kites sell for $20.00. They take 30 minutes to sew and have a total variable cost of $14.00. (a) With only 1,200 sewing machine hours available, how many units should Sunland produce for the below items? 700 Kites
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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How many kites
Transcribed Image Text:Sunland's Wind Toys manufactures decorative kites, banners, and windsocks. During the month of January, Sunland received orders
for 4,000 Valentine's Day banners and 1,400 Easter kites. Because several sewing machines are in the shop for repairs, Sunland's has
only 1,200 sewing machine hours available for production of these orders. Each Valentine's Day banner sells for $12.00. The banners
take one hour to sew and have a total variable cost of $10.00 per banner. The Easter kites sell for $20.00. They take 30 minutes to sew
and have a total variable cost of $14.00.
(a)
With only 1,200 sewing machine hours available, how many units should Sunland produce for the below items?
700
Kites
500
Banners
Based on your calculations above, which products should Sunland prioritize for production in January?
Kites
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