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Natali5045456 [20]
3 years ago
3

For the problem data set below, what is the northwest-corner allocation to the cell Source 1-Destination 1? CCOSTSDest. 1 Dest.

2 Dest. 3 SupplyA. Source 1 2 1 3 30B. Source 2 4 2. 1 40C. Source 3 3. 8 6 20D. Demand 15. 50 25 90 \ 90

Business
1 answer:
statuscvo [17]3 years ago
6 0

Answer:

Explanation:

In the Northwest-Corner Method, we first assign resources to the entity located at top-left corner of the box (north-west). Hence, in our case this entity would be the cell relating Source 1 to Destination 1.

The demand at destination 1 is only 15 units, whereas the source 1 can supply a maximum of 30 units. Thus 15 units will be supplied to destination 1 from source 1 to meet the demand.

Hence, the Source 1 - Destination 1 cell will be allocated 15 units by the North-West allocation method.

Cost related to this cell will be: 15(2) = $30.

P.S: Complete allocation to each source and destination is attached in the image.

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The DEF partnership reported net income of $130,000 for the year ended December 31, 20X8. According to the partnership agreement
gtnhenbr [62]

Answer:

The DEF Partnership

Allocation of Partnership Net Income for 2008:

                                        D             E              F                Total

Net income                                                                    $130,000

Salaries                      $25,000  $20,000  $15,000      (60,000)

Bonus on net income  13,000        -----           -----          (13,000)

Remainder                  34,200       17,100      5,700       (57,000)

Total allocation        $72,200    $37,100  $20,700    $130,000

Explanation:

a) Data and Calculations:

Net income for the year ended December 31, 2008 = $130,000

Order of distribution of partnership profits and losses:

                                        D             E              F

Salaries                   $25,000  $20,000  $15,000

Bonus on net income  10%          -----           -----

Remainder                  60%         30%           10%

Bonus on net income = $13,000 ($130,000 * 10%)

Remainder after salaries and bonus = $57,000 ($130,000 - $73,000)

D = $34,200 ($57,000 * 60%)

E = $17,100 ($57,000 * 30%)

F = $5,700  ($57,000 * 10%)

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