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GenaCL600 [577]
3 years ago
8

A small construction firm specializes in building and selling single-family homes. The firm offers two basic types of houses, mo

del A and model B. Model A houses require 4000 labor hours, 2 tons of stone and 2000 board feet of lumber. Model B houses require 10000 hours of labor, 3 tons of stone and 2000 board feet of lumber. The firm has currently 400000 hours of labor, 150 tons of stone and 200000 board feet of lumber. Model A yields $1000 profit and model B yields $2000 profit.Assume that the firm is able to sell all units it can build. What mix of Model A and Model B units should the firm construct to maximize the profit?

Business
1 answer:
Dovator [93]3 years ago
8 0

Answer

The answer and procedures of the exercise are attached three images. The maximum profit is 262.500

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in three images.

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Cathy wants to purchase an annuity where she can withdraw $15,000 at the beginning of each year for the next 25 years. She expec
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hmm idk i dk

Explanation:

6 0
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Answer: $3000

Explanation: Allowance for doubtful accounts is the contra account to accounts receiveable when all the bad debts need to be accounted for. The bad debts reduces the accounts receivable line but all bad debts are actually deducted from the allowance for doubtful accounts.

The allowance for doubtful accounts for that year is calculated as 5% of the accounts receivable balance. This amounts to $8000 (160000 x 5%) before bad debts have been accounted for. Allowance for doubtful accounts moves in the opposite direction as accounts receivable because it is a contra account to this line item. At the end of the year before year end closing entries are done, and after the bad debts have been accounted for, the balance on the allowance for doubtful accounts is $5000.

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