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evablogger [386]
3 years ago
14

Hula Products has reintroduced the hula hoop to the world and faces a growing demand for its product in two distinct markets: th

e United States and Europe. Demand in these markets is:PU= 20 - .1QUand PE= 10 - .05QE.,where all quantities are expressed in thousands of units (i.e. QU = 50 means 50 thousand units). Hula can produce hoops at no cost.Hula has a capacity constraint and can produce a maximum of 95 thousand hoops. What would be the optimal quantity to sell in Europe (QE)?
Business
1 answer:
Arturiano [62]3 years ago
7 0

Answer:

We sale 86 units in europe and 9 un the US to maximize revenue

Explanation:

Being revenue:

Qunatity EU x Price EU + Quantity US x Price US

we want to maximize this function:

Q_e \times (10 - 0.05Q_e) + Q_{US} \times (20 - Q_{US})

givne the constrain Qe + Qus = 95

we solve using excel solver

                        Europe     US        Total

1   Quantity    86            9      95

2   Price            5.7       11

3   Revenue 490.2 99    589.2

we maximize D3 changing cells B2 and C2

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Pes
lakkis [162]

Answer:

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Explanation:

bshshshhdshshshhshdbshjdjdkdjddjjdndndndnfnfkdk

8 0
3 years ago
On May 3, 2020, Cheyenne Company consigned 90 freezers, costing $480 each, to Remmers Company. The cost of shipping the freezers
Viktor [21]

Answer and Explanation:

The computation is shown below;

a.

Inventory Unsold in Hand (90-45) 45

Unit cost Unsold (45 × 480) $21,600.00

Shipping cost on Unit Unsold (850 ÷ 90 × 45) $425.00

Value of Inventory (21600 + 425) $22,025.00

b.  

Sale value (45 × 780) $35,100.00

Less: Cost  

Unit cost Sold (21600+425) -$22,025.00

Comission of Consignee (35,100 × 6%) -$2,106.00

Advertising cost -$210.00

Installation cost -$330.00

Net Profit $10,429.00

c.  

Sale value (45 × 780) $35,100.00

Less: deduction made by consignee  

Comission of Consignee (35100 × 6%) -$2,106.00

Advertising cost -$210.00

Installation cost -$330.00

Net Remittance made by consignee $32,454.00

5 0
3 years ago
The following cost behavior patterns describe anticipated manufacturing costs for 2013: raw material, $7.60/unit; direct labor,
Advocard [28]

Answer: The answer is as follows:

Explanation:

Given that,

Raw material = $7.60/unit

Direct labor = $10.60/unit

Manufacturing overhead = $8.60/unit

(1) Unit cost under variable costing = Raw material + Direct labor + variable Manufacturing overhead

= 7.6 + 10.6 + 8.6

= 26.8

(2) Unit cost under absorption costing = Raw material + Direct labor + variable Manufacturing overhead + fixed Manufacturing overhead

= 7.6 + 10.6 + 8.6 + 8.6

= 35.4

5 0
3 years ago
Fresnas Corp., a company that designs in its New York headquarters and had manufactured apparel in Malaysia, now practices insho
PIT_PIT [208]

Answer:

it keeps its research team in close proximity

Explanation:

Inshoring refers to the process of moving a business operation from overseas to the country of origin where the headquarters is located. Therefore based on the information provided within the question it can be said that in this scenario Fresnas Corp. keeps its research team in close proximity. Since they are moving every business operation closer to the headquarters thus keeping them close by.

3 0
3 years ago
Barbara owns 40% of the stock of Cassowary Corporation (a C corporation) and 40% of the stock of Emu Corporation (an S corporati
vodomira [7]

Answer:

$ 48,000

$3,200

Explanation:

Since C corporations are separate taxable entities, Cassowary Corporation will report the operating income and tax-exempt income. An S corporation is a tax reporting entity. Therefore, Barbara will report ordinary business income of $ 48,000 and tax-exempt $ 3,200.

Reason -

Business income = 120,000×40%

                           = 120,000.\frac{40}{100}

                           = $48,000

⇒Business income = $48,000

Tax-exempt = 8,000×40%

                   = 8,000.\frac{40}{100}

                   = $3,200

⇒Tax-exempt = $3,200

7 0
3 years ago
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