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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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A firm uses machine hours to allocate overhead cost. During the period, budgeted variable overhead is Rs. 10000 and budgeted
iVinArrow [24]

Answer:

C

Explanation:

If you do hours X units and then put it on the end of the Variable you get C. Hope this helped #brainiest

4 0
2 years ago
Advice from most financial advisers states to spend no more than 28% of one's gross monthly income for one's mortgage payment, a
Lena [83]

Answer and Explanation:

The computation is shown below:

a. For the maximum amount that spend each month on mortgage payment is

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 28%

= $924

b. . For the maximum amount that spend each month on total credit obligatons

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 36%

= $1,188

c. Now the maximum amount spend for all other debt is

For monthly mortgage

= $924 × 70%

= $646.8

And, for mortgage debt

= $1,188 × 70%

= $831.60

4 0
3 years ago
Martinez Company sells goods to Danone Inc. by accepting a note receivable on January 2, 2020. The goods have a sales price of $
Artemon [7]

Answer:

Martinez Company

a) Journal Entries

Jan. 2, 2020:

Debit Accounts Receivable (Danone Inc.) $630,000

Credit Cash Discounts $9,100

Credit Sales Revenue $639,100

To record the sale of goods on account,  with trade terms, 5 days $9,100, net 30.

Debit Cost of goods sold $480,000

Credit Inventory $480,000

To record the cost of goods sold.

Jan. 28, 2020:

Debit Cash $639,100

Credit Accounts Receivable (Danone Inc.) $630,000

Credit Cash Discounts $9,100

To record the full receipt of cash on account and the revision of the cash discounts not taken.

Explanation:

a) Data and Analysis:

Jan. 2, 2020:

Accounts Receivable $630,000 Cash Discounts $9,100 Sales Revenue $639,100, terms, 5 days $9,100, net 30.

Cost of goods sold $480,000 Inventory $480,000

Jan. 28, 2020:

Cash $639,100 Accounts Receivable $630,000 Cash Discounts $9,100

7 0
3 years ago
Spacefood Products will pay a dividend of $ 2.25 $2.25 per share this year. It is expected that this dividend will grow by 3 3​%
gavmur [86]

Answer:

$32.14 per share

Explanation:

The computation of the current value of the single share is shown below:

= Current year dividend ÷ (Required rate of return - growth rate)

where,

Current year dividend is $2.25 per share

Required rate of return is 10%

And, the growth rate is 3%

So by placing these items, the current value is

= $2.25 ÷ (10% - 3%)

= $32.14 per share

7 0
2 years ago
rbs A non-profit organization has obtained a temporary daily on-sale license for a fundraiser. Who within the organization has t
Nady [450]

A non-profit organization has obtained a temporary daily on-sale license for a fundraiser. The individual in the organization that has to be RBS certified is anyone or staff who serves drinks.

<h3>What is Responsible beverage service?</h3>

Responsible beverage service (RBS)  is the training given to individual who could be staff of an organization or  owners of businesses that sell and serve alcohol.

The knowledge and skills needed to succeed in the business is given for legal requirements.

Therefore,

A non-profit organization has obtained a temporary daily on-sale license for a fundraiser. The individual in the organization that has to be RBS certified is anyone or staff who serves drinks.

Lear more on non-profit organization below

brainly.com/question/26476622

#SPJ1

3 0
2 years ago
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