User Account

All Pages

What is the maximum profit

Assignment Help Managerial Accounting
Reference no: EM133079800

Question - Yorkdesk company manufactures two types of desks: standard and deluxe. Deluxe desks have oak tops, more expensive hardware, and require additional time for finishing and polishing. Standard desks require 80 square feet of pine and 10 hours of labor, while deluxe desks require 60 square feet of pine, 18 square feet of oak, and 16 hours of labor. For the next week, the company has 5,000 square feet of pine, 750 square feet of oak, and 400 hours of labor available. Standard desks net a profit of $150, while deluxe desks net a profit of $320. All desks can be sold to national chains shops.

(1) Develop a LP model to determine how many of each type of desk the company should make next week to maximize the profit.

(2) What is the maximum profit?

(3) What are the binding constraints?

Reference no: EM133079800

Questions Cloud

Compute the tax for the three remuneration alternatives : Compute the tax for the following three remuneration alternatives: 1. All salary 2. All dividends 3. $10,000 in salary and the remainder in dividends
Classical school made by neoclassical criminology : What are the primary modifications of the classical school made by neoclassical criminology?
Compute actual hours used to apply overhead in november : Income BEFORE the overhead adjustment = $797,000. Income AFTER the overhead adjustment = $785,000. Compute actual hours used to apply overhead in November
What is extraordinary about these firms : What is extraordinary (or extraordinarily bad) about these firms? Are their strategies clear and focused or difficult to define? Explain
What is the maximum profit : Standard desks net a profit of $150, while deluxe desks net a profit of $320. All desks can be sold to national chains shops. What is the maximum profit
How much is the donor''s tax to be paid on march : To Goyo - Cash in the amount of Php 5 Million made on April 19, 2021. How much is the donor's tax to be paid on March 22, 2021
What are the impact of covid-19 to business industry : What are the impact of COVID-19 to business industry. How does it affect the way of living of every individual
Structure of criminal justice organization : Understanding the structure of a criminal justice organization is the foundation of organizational assessment.
What is the shop average total cost of a jacket : What is the shop's average total cost of a jacket sold BEFORE the advertising begins?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Compute the additional annual cash inflow

Using straight-line depreciation and an assumed 40% tax rate, compute the additional annual cash inflow if the old machine is replaced

  Determine the production costs transferred to cost of goods

Determine the production costs transferred to Cost of Goods Sold during August. Sifton Electronics Corporation manufactures and assembles electronic motor

  Compute the operating income for each product line

BUACC5933 - Cost and Management Accounting - Calculate the overhead rate using the traditional (factory-wide) approach and allocate the total overhead costs

  Determine which bus should department of corrections select

10-year service life expectancy, and it averages $1,500 per year in maintenance costs. Which bus should the Department of Corrections select?

  Calculate the residual income for each division

Bryson Ltd specialises in golf equipment and has two divisions - Golf Clubs Division and Golf Ball Division. Calculate the residual income for each division

  Compute the activity rates for each of the three activities

Compute the activity rates for each of the three activities and what is the average cost per diner for serving each of the following parties?

  What section of statement of cash flows transaction reported

In what section of the statement of cash flows is this transaction reported? Equipment costing $80,000 with accumulated depreciation of $30,000.

  Which a product will sell and then focuses on development

Which a product will sell and then focuses on the development of that product with a cost structure that will satisfy market demand is known as

  Determine and calculate the companys return on equity

Determine and calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values

  Equivalent units of production

Compute equivalent units of production for (1) materials and (2) conversion costs. (1=270000, 2=263000) Compute the unit costs for the month. ($.740741 materials and $2.049430 conversion cost and $2,790171 total Determine the costs to be assigned to ..

  Calculate the variances for the year

Calculate the variances for the year ended December 31,2011, identify the person/department to get additional information from regarding the variances and lastly suggest one plausible explanation for each variance.

  Comment on deferred tax assets

HI5020 - Corporate Accounting - What is your firm's tax expense in its latest financial statements and Is there any current tax assets or income tax payable

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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