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Question - Kim Kimchi Co produces three kinds of Kimchi Regular, Premium, and Extra. The company has 17 tons of Napa cabbage available to produce kimchi this season. A vat of Regular requires 0.21 ton of cabbage, a vat of Premium requires 0.24 ton, and a vat of Extra requires 0.18 ton. The cellar has enough storage space in its aging room to store 80 vats of kimchi. The cellar has 2,500 hours of production capacity, and it requires 12 hours to produce a vat of Regular, 14.5 hours to produce a vat of Premium, and 16 hours to produce a vat of Extra. From past sales the company knows that demand for the Extra will be no more than half of the sales of the other two kimchi combined. The profit for a vat of Regular is $7,500, the profit for a cask of Premium is $8,200, and the profit for a cask of Extra is $10,500. How many vats of each type of kimchi should Kim produce in order to maximize their profits?
Of the $13,000 suspended loss existing at the time of Rose's death, how much is deductible on her final return or by the beneficiary
cheaney corporation owns a number of cruise ships and a chain of hotels. the hotels which have not been profitable were
Why do you believe the taxpayer took his case this far into court? Do you believe he had a motive? If so, what do you think it was?
Carleton Service Center just purchased an automobile hoist for $14,947. The hoist has a 5-year life and an estimated salvage value of $1,410. Compute the payback period for the new hoist.
a 5-year treasury bond has a 3.75 yield. a 10-year treasury bond yields 6.35 and a 10-year corporate bond yields 9.1.
For a recent year L'Oreal reported operating profit of €3,110 (in millions) for its Cosmetics division. Total assets were €11,314 at the beginning of the year.
Prepare the required journal entries, The book balance in the checking account of Kyri Enterprises as of November
Currently Farmer Eric raises 30 pigs in a normal year and sells them for a price of $100 per pig. What is the price elasticity of demand for pigs
What would the company's net income (bottom line) be if: The company pressured suppliers for lower prices (cost/unit) from $1.50/unit to $1.30/unit
Prepare the budgeted multiple-step income statement for 2017, Calculate the budgeted total unit cost
Katie pays her cleaning staff $12.50/hour. If each location is cleaned once per week, how much does Katie need to budget for direct labor each month?
Suppose you are hired as the external auditor of the Walmart Company. What are the 5 questions that you as an external auditor would like to ask the CFO.
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