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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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To become a self made person, this is because sometimes you want to prove people that even if your family is successful, you can be successful on your own too. I hope this makes sense.
4 0
2 years ago
For higher levels of management, responsibility accounting reports a.contain about the same level of detail as reports for lower
ss7ja [257]

Answer:

d. are more summarized than for lower levels of management

Explanation:

This report is generally explained to be a rundown of a company's budget and also expenditure and it is comprised also of different operations by higher levels of the company's management. In as much as it gives reports and details of the lower part of the company, it is generally explained to be more summarized for higher management levels than for lower levels of management. In its bid to assist and control the company's head or responsibility units, it gives headway to staff care/welfare and also steady overview of benefits to staffs.

5 0
3 years ago
Jason's Outdoors manufactures two products: snow skis and water skis. Jason's managerial accountant suspects that product cost d
Ainat [17]

Answer:

Jason's accountant should consider a single plantwide rate to correct the problem.

Explanation:

If a company manufactures products that consume factory overhead costs in different ways, a single plantwide rate may not accurately allocate factory overhead costs to the products and cause cost distortions. Cost distortions can cause companies to lose sales and make incorrect decisions on expanding production.

4 0
3 years ago
Bowzer Co. has just received $2.7 million from the sale of one of its divisions. The company has 375,000 shares outstanding that
Readme [11.4K]

Answer:

$76.93 per share

Explanation:

The computation of ex-dividend stock price is shown below:-

Sale of division = $2,7,00,000

Outstanding shares = 375,000

Dividend per share = Sale of division ÷ Outstanding shares

= $2,7,00,000 ÷ 375,000

= $7.2

Stock price after dividend = Sold shares - Dividend per share

= $84.13 - $7.2

= $76.93 per share

Therefore for computing the stock price per dividend we simply subtract dividend per share from sold shares.

3 0
3 years ago
20. Which of the following is correct? a) A company’s book value reflects the company’s history of equity investment and retaine
diamong [38]

Answer:

a. A company's book value reflects the company's history of equity investment and retained earnings; a company's market value reflects investor's view of the company's future earning prospects.

Explanation:

The book value of a company is the residual equity and retained earnings after all liabilities paid. Market value is the view of investor's about the company and is what the company would be worth if it were to be sold.

7 0
3 years ago
Read 2 more answers
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