Answer:
<u>Hence, 2,140 units are to be produced in November.</u>
Explanation:
November unit sales=2,300
Add: November desired ending unit finished goods inventory=720
Less: November beginning finished goods inventory (October ending inventory)=(880)
Units to be produced in November=2300+720-880=2,140
Answer:
Maxwell world consider choice equal to $310000
Explanation:
given data
accept a salary = $60,000
salary = $25,000
bonus = 20% of net income
to find out
amount of income would be necessary so that Maxwell would consider
solution
we get here income by bonus that is express as
bonus = 2 ( income - bonus - salary ) ..............1
3500 = 2 ( income - ( 0.2 × 35000 ) - ( 0.2 × (75000 + 35000) )
solve it we get
income = $310000
so Maxwell world consider choice equal to $310000
Answer:
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Explanation:
The <em>expected return</em> is the weighted average of the expected returns in each scenario by its respective probability.
The <em>distribution of the holding period returns </em>(HPR) under three different scenarios is:
State of the economy Scenario #(s) Probability, p(s) HPR
HPR Boom 1 0.336 28.40%
Normal growth 2 0.414 7.90%
Recession 3 0.25 18.90%
The calculations are:
Answer:
Hence , product 1 should be allocated the shelf space
Explanation:
<em>Whenever a company is faced with a situation of large shortage in resources, To maximize the use of the resource in short supply the business should allocate the resource to the product that maximizes the contribution per unit of the scare resource.</em>
For example, the resource in short supply here in the question is the shelf space , <em>hence the contribution per shelf should be used to decide how to allocate the available shelf space to the product.</em>
<em>Product 1 gives a contribution per unit of shelf space of $2000 which is higher by $800 that of product 1. </em>
Hence , product 1 should be allocated the shelf space
