How many chandeliers of each type should be made to profit

Assignment Help Accounting Basics
Reference no: EM132620539

Question - A chandelier manufacturer makes two types of chandeliers: standard and premium types. The cost of manufacturing each type of chandelier is P2,300 for a standard model and P3,700 for a premium model. It costs P300 to ship each standard model and P400 to ship each premium model. The manufacturer does not want its manufacturing costs to exceed P851,000 and its shipping costs to be at most P120,000. No more than 300 chandeliers can be manufactured per week. How many chandeliers of each type should be made to maximize profit if the profit is P5,000 for each standard type sold and P7,000 for each premium type sold?

Reference no: EM132620539

Questions Cloud

Calculate expected annual sick leace expense for bear ltd : Bear LTD has weekly payroll of $300,000. Calculate the expected annual sick leace expense for Bear LTD (on the basis of average salaries)
Define and explain moral panic : Define and explain moral panic. Describe an actual scenario, that in your opinion, that has occurred in the United States in the past 5 years
Critical thinking skills should be incorporated : Discuss at least two justification defenses. Work must be well written and critical thinking skills should be incorporated.
How many units were completed in december : Ending work in process inventory (6,000 units), $35,000. How many units were completed in December? How many units were sold in December
How many chandeliers of each type should be made to profit : How many chandeliers of each type should be made to maximize profit if the profit is P5,000 for each standard type sold and P7,000 for each premium type sold
Explain the criminal justice wedding cake concept : Explain the criminal justice "wedding cake" concept. Explain the due process and crime control models
What is the present value of this series of payments : The proposed deal calls for the supermarket chain to pay Baro Br. 10,000. What is the present value of this series of payments
Identify some examples of civilian jobs : Civilian: Identify some examples of "civilian" jobs found in a local law enforcement agency.
Representative of integrity and ethics in police leadership : A description of one element representative of integrity and ethics in police leadership.

Reviews

Write a Review

Accounting Basics Questions & Answers

  List the steps involved in selecting and evaluating a

1.a. briefly describe three strategies for testing internal controls when information technology is used for

  What is juan gross income from the distribution

Petrel Corporation has accumulated E & P of $85,000 at the beginning of the year. What is Juan's gross income from the distribution

  Prepare a straight-line amortization table for the bond life

Jules issues a 4.5%. five-year bonds dated January 1, 2009, with a $230,000 par value. Prepare a straight-line amortization table for the bonds' life

  Explain what an llc is

An LLC may be taxed in different ways depending on the election made on the Form 8832 Entity Classification Election. Using a minimum of 450 words.

  Various inventory issues the following independent situation

What is Donovan's Inventoriable cost for 2010? Answer each of the preceding questions about inventories, and explain your answers.

  Describe the computer hardware

Describe the Computer hardware that needs to be considered during the initial design and set-up phase of the microcomputer environment.

  Calculate the amount that will be in the account

ABC Company intends to put $6,000 into its savings account every six months for the next five years. Calculate the amount that will be in the account at the end

  Calculate the UBIT

The balance of $278,500 required for annual operations. Calculate the UBIT if the tax rate is 15% on the first $50,000 of net income

  Find a recent article that describes the use of rfid

Find a recent article that describes the use of RFID in manufacturing. Briefly describe the example(s) discussed in the article.

  The 2008 annual report for fortune brands the seller of

the 2008 annual report for fortune brands the seller of pinnacle golf balls and masterlock padlocksdisclosed that 750

  What is the budgeted production in units

Production Budget Curley Publishers Inc. projected sales of 39,000 diaries for 2016. What is the budgeted production (in units) for 2016?

  How much income did you earn during the year

At the end of the year, the 1 share of Colgate that you own is worth $120 on the stock market. How much income did you earn during the year

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd