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EastWind [94]
2 years ago
10

Andalus Furniture Company has two manufacturing plants, one at Aynor and another at Spartanburg. The cost in dollars of producin

g a kitchen chair at each of the two plants is given here. Aynor: Cost = 80Q1 + 7Q12 + 93 Spartanburg: Cost = 20Q2 + 3Q22 + 147
WhereQ1 = number of Chairs produced at Aynor
Q2 = Number of Chairs produced at SpartanburgAndalus needs to Manufacture a total of 40 Kitchen Chairs to met an order just received. Howmany chairs should be made at Aynor and how many should be made at Spartanburg in order tominimize production costs.
Min + 100) +s.t. Q1 + Q2 = 40Q1,Q2≥0

a. Using Excel Solver What is the optimal solution for this problem
Business
1 answer:
Bad White [126]2 years ago
5 0

Answer:

9 in Aynor and 31 in Spartanburg

Explanation:

we need to build the following:

    A              B           C

           units    COST

Aynor          9           =93 + 80*B2 + POWER(B2;2)*7

Spartanburg 31           =147 + 20*B2 + POWER(B2;2)*3

             =b2 + b3   = c2 + c3

We stablish that we want to minimize c3

changing cell b2 and b3

with the restriction that must be integer solution and b4 should equal 40

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photoshop1234 [79]

Answer:

Return on Investment = 17%

Explanation:

Return on Investment = Net income from investment / Investment opportunity * 100

Where Net income from investment = (Sales * Contribution margin ratio) - Fixed expenses

Net income = ($1,530,000 * 30%) - $306,000

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Net income = $153,000

Return on Investment = $153,000 / $900,000 * 100

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2 years ago
Judi Pendergrass is an account representative at Ever Pharmaceuticals. She has a company car for customer visits, which she uses
scoundrel [369]

Answer: None

Explanation: The IRS commuting rule allows for business travel expenses to be deducted as business expenses but this does not apply to commuting expenses.

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It however does not apply to travelling between home and work, this is a daily travel expense as you need to get to work anyway.

8 0
2 years ago
Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
Leno4ka [110]

Answer:

Unit cost= $347.8

Explanation:

Giving the following information:

The total fixed manufacturing overhead cost of $468,000, variable manufacturing overhead of $2.10 per machine-hour, and 72,000 machine-hours.

Job A496:

Number of units in the job 10

Total machine-hours 80

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Direct labor cost $ 1,860

First, we need to calculate the manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (468,000/72,000) + 2.1= $8.6 per machine hour

Now, we can calculate the total cost:

Total cost= direct material + direct labor + manufacturing overhead

Total cost= 930 + 1,860 + (8.6*80)= $3,478

Unit cost= total cost/ number of units= 3,478/10= $347.8

8 0
2 years ago
Schrute Farm Sales buys portable generators for $470 and sells them for $720 He pays a sales commission of 5% of sales revenue t
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Answer:

The correct answer is A.

Explanation:

Giving the following information:

Schrute Farm Sales buys portable generators for $470 and sells them for $720 He pays a sales commission of 5% of sales revenue to his sales staff. Mr. Schrute pays $7,000 a month rent for his store and also pays $1,700 a month to his staff in addition to the commissions. Mr. Schrute sold 500 generators in June.

Revenue= 720*500= $360,000

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Sales commision= 0.05*360,000= 18,000 (-)

Contribution Margin= 107,000

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Operating income= $98,300

8 0
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Effectus [21]

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6 0
2 years ago
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