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Question - ABC company produces two types of feeds, M1 and G2. Sorghum and corn are the two ingredients of these feeds. M1 requires one pound of sorghum while G2 requires two pounds. Also, M1 requires two pounds of corn while G2 requires one pound. There are 300,000 pounds of sorghum and 200,000 pounds of corn available per month. Due to some limitations, the company can only manufacture at most 80,000 packages per month. One package of M1 is sold at Php 280.00 while for G2, Php 200.00. Note that the cost for blending and packing is Php 2.50 per package for M1 and Php 2.00 per package for G2. Further, one pound of sorghum costs Php 2.00 while one pound of corn is more expensive by Php 3.00. The company holds that it can sell packages as much as it can produce. Formulate the LP model.
On January 9 of the next year, Kountry Repair was offered $300,000 for the land by a national retail chain. At what value should the land be recorded
Calculate the amount of the impairment and restructuring charges Checkpoint reported in 2004 and 2003. Discuss why the firm reported earnings
"Both Return on Investment (ROI) and Economic Value Added (EVA), when used as performance measures in an organisation, encourage managers to be short-term in their focus and decision making".
What would be the amount of sales dollars at the break-even point? Wallace Inc. prepared the budgeted data based on a sales.
Fixed selling and administrative expenses $68,400 per year. Compute contribution margin for the company under variable costing
What is the definition of "Market Value" in Real Estate Appraisal? Using critical thinking skills with the definition of Market Value to discuss
Drees reported sales revenues of $1,000,000, variable costs of $300,000, and fixed costs of $260,000. The company's contribution margin per unit is
assume that your companys sales staff provides information on expected sales and selling prices for items making up the
Prepare the journal entry when job A254 was completed on 26 July, assuming that the balance of work-in-process inventory for job A254 on 1 July
Bombs Away Video Games Corporation, Construct a monthly production and inventory schedule in units. Beginning inventory in January is 40,000 units.
During 2016, 10,000 service contracts were signed and 9,500 service contracts were completed. Calculate reported income for management
Question - Bellatrise company has fixed costs of $350,000 and a contribution ratio of 45%. What amount of sales will break even
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