Imagine your company has 3 products tvs stereos and

Assignment Help Accounting Basics
Reference no: EM13609985

Imagine your company has 3 products: TVs, Stereos and Speakers. The profit is $100 per TV, $30 per Stereo and $30 per Speaker. Each of these products uses the same 5 parts (but in different amounts): Chassis, Picture Tube, Speaker Cone, Power Supply and Electronics. You have a total of 450 Chassis, 250 Picture Tubes, 900 Speaker Cones, 450 Power Supplies, and 600 Electronic parts. One TV uses 1 Chassis, 1 Picture Tube, 2 Speaker Cones, 1 Power Supply and 2 Electronic Parts. One Stereo uses 1 Chassis, 0 Picture Tube, 2 Speaker Cones, 1 Power Supply and 1 Electronic Part. One Speaker uses 1 Chassis, 0 Picture Tubes, 1 Speaker Cone, 0 Power Supply and 1 Electronic Part. Based on this information, please calculate the optimal product mix that would maximize profitability, while not exceeding inventory constraints.

Reference no: EM13609985

Questions Cloud

Scores on a certain intelligence test for children between : scores on a certain intelligence test for children between ages 13 and 15 years are approximately normally distributed
Write the equation representing source bs wave if source b : two sources source a and source b are emitting the same frequency f with the same amplitude a but are out of phase from
Colaw company exchanges equipment with eaton company and : colaw company exchanges equipment with eaton company and mantle company exchanges equipment with fiero company. the
Almost all medical schools in the united states require : almost all medical schools in the united states require applicants to take the medical college admission test mcat. on
Imagine your company has 3 products tvs stereos and : imagine your company has 3 products tvs stereos and speakers. the profit is 100 per tv 30 per stereo and 30 per
Select appropriate cost drivers for the indirect costs and : select appropriate cost drivers for the indirect costs and allocate these costs to departments m and n. salary of vice
A 220 kg gold bar at 255degc is placed in a large insulated : a 22.0 kg gold bar at 25.5degc is placed in a large insulated 0.800 kg glass container at 15.0degc with 2.00 kg of
A researcher is studying test anxiety using a standardized : a researcher is studying test anxiety using a standardized instrument that has a mean of 50 and a standard deviation of
Laymon boat companys bank statement for the month of : laymon boat companys bank statement for the month of september showed a balance per bank of 7000. the companys cash

Reviews

Write a Review

Accounting Basics Questions & Answers

  Molina medical supply company is trying to decide whether

molina medical supply company is trying to decide whether or not to continue distributing hospital supplies. the

  How much profits will increase or decrease

Prepare computations showing how much profits will increase or decrease if the outside supplier's offer is accepted

  What would you prefer to invest in an account paying 5

what would you prefer to invest in an account paying 5 percent compounded annually or an account paying 5 percent

  On january 1 2013 zane manufacturing company purchased a

on january 1 2013 zane manufacturing company purchased a machine for 40000. the company expects to use the machine a

  What is the amount of the overstatement earnings

Elliott Corp failed to record accrued salaries for 2009, $2,000; 2010, $2,100; and 2011, $3,900 what is the amount of the overstatement or understatement of Retained Earnings at December 31, 2012?

  Wood designs company manufactures unfinished oak furniture

wood designs company manufactures unfinished oak furniture. wood designs uses a standard cost system. the direct labor

  Walker company has 15000 shares of common stock outstanding

walker company has 15000 shares of common stock outstanding during all of 2011. it also has two convertible securities

  Dans house payment on his residence is 2000 per month of

dans house payment on his residence is 2000 per month of which 1800 is interest and real estate taxes with the

  On january 1 java shop had 360000 of inventory at cost in

on january 1 java shop had 360000 of inventory at cost. in the first quarter of the year it purchased 1267200 of

  Internal control procedures are required to safeguard

internal control procedures are required to safeguard company assets and to ensure ethical operation of the business. 1

  Logan products computes its predetermined overhead rate

logan products computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning

  Units of production for conversion costs

All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was:

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