1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ozzi
3 years ago
14

A.C. Tech Manufacturing Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information

is provided below. Small Medium Large Unit selling price $430 $610 $1,210 Unit costs: Variable manufacturing (270) (280) (530) Fixed manufacturing (40) (170) (270) Fixed selling and administrative (70) (75) (140) Unit profit $50 $85 $270 Demand in units 150 170 150 Machine-hours per unit 60 60 150 The maximum machine-hours available are 6,500 per week. Which of the three product models should be produced first if management incorporates a short-run profit-maximizing strategy?
Business
1 answer:
Colt1911 [192]3 years ago
5 0

Answer:

A.C. Tech Manufacturing Appliances

Product Models to produce first, if management incorporates a short-run profit-maximizing strategy:

                                                 Small      Medium     Large

Selling price                             $430       $610          $1,210

Variable cost                            $270       $280         $530

Contribution                            $160        $330         $680

Fixed Costs:

Fixed manufacturing                 $40         $170          $270

Fixed selling & admin                $70         $75            $140

Unit Profit                                   $50         $85            $270

Demand in units                         150         170              150

Total profit                               $7,500     $14,450      $40,500

Machine hours/unit                     60           60             150

Total machine hours required 9,000      10,200        22,500

Unit profit per machine hour   $0.83      $1.42         $1.80

If management incorporates a short-run profit maximizing strategy, given maximum machine hours available, it should first produce the large model.

Explanation:

The large model offers better contribution per unit, better profit per unit and in total, and most importantly better profit per unit of hour (major constraint).

In making a limiting factor decision, the choice goes to the product model that produces more profit under the limiting constraint.

You might be interested in
At willow financial consulting, employees are allowed to choose what time they start each workday, as long as they arrive betwee
Vesnalui [34]

The system in which employees can arrive and leave early is known as the Flexitime system.

<h3>What is the Flexitime system?</h3>

It is a system in which employees' flexible working timings are designed. they can start and finish work at the timings in which they are suitable.

The employees who work in this type of system are known as Flexi employees. It is considered to be the alternative to the traditional 9 to 5 working system

Some of the advantages of the flexitime system is :

  • Better working environment
  • The confidence of the employees is boosted up
  • benefits In terms of pay  and leaves
  • stress is reduced

So, at willow financial consulting flexitime system is followed by the employees.

learn more about the flexitime system:

brainly.com/question/7984268

#SPJ1

5 0
2 years ago
At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units in inventory, 70% complete as to m
Nadusha1986 [10]

Answer:

a. $2.00; $4.50

Explanation:

Equivalent unit of material = 120,000 units + (15,000 units*40%)

Equivalent unit of material = 120,000 units + 6,000 units

Equivalent unit of material = 126,000 units

Cost per equivalent unit of material = ($22,400 + $229,600) / 126,000 unit

Cost per equivalent unit of material = $252,000 / 126,000 unit

Cost per equivalent unit of material = $2 per unit

Equivalent unit of conversion cost = 120,000 units + (15,000*10%)

Equivalent unit of conversion cost = 120,000 units + 1,500 units

Equivalent unit of conversion cost = 121,500 units

Cost per equivalent unit of conversion = ($6,250 + $540,500) / 121,500 units

Cost per equivalent unit of conversion = $546,750 / 121,500 units

Cost per equivalent unit of conversion = 4.50 per unit.

4 0
3 years ago
Organizational and managerial skills that find their expression in a company's structure, routines, and culture are referred to
Aliun [14]
It is referred to as Capabilities. It is essential to accomplish its business model or bring about its mission. In addition, an easy way to comprehend the thought is to think about capabilities as organizational level expertise is set in people, method, and technology.  
7 0
3 years ago
Read 2 more answers
a $104,000 selling price with $24,000 down at 6.5% for 25 years results in a monthly payment of: multiple choice $545.61 $554.71
stellarik [79]

The monthly payments, given the selling price, the down payment, and the rate is, D. $540.17

<h3>How to find the monthly payment?</h3>

First, find the loan amount:

= Selling price - down payment

= 104, 000 - 24, 000

= $80, 000

The monthly payment is an annuity because it is constant. To find this annuity, find the monthly periodic rate and the number of monthly periods:

Monthly rate :

= 6.5% / 12

= 6.5%/12

The number of periods is:

= 25 x 12

= 300 months

Then put this into an annuity calculator to find the monthly payment to be:

= Loan amount / Annuity factor

= 80, 000 / 148.1

= $540.17

Find out more on monthly payment at brainly.com/question/27926261

#SPJ1

4 0
1 year ago
Location Score
dolphi86 [110]

Answer and Explanation:

The computation of composite score for each location is shown below:-

Composite score for A is

= 0.15 × 89 + .20 × 75 + 0.18 × 92 + 0.27 × 92 + 0.10 × 93 + 0.10 × 90

= 88.05

 Composite score for B is

= 0.15 × 78 + .20 × 93 + 0.18 × 90 + 0.27 × 93 + 0.10 × 97 + 0.10 × 96

= 90.91

Composite score for C is

= 0.15 × 84 + .20 × 98 + 0.18 × 87 + 0.27 × 82 + 0.10 × 84 + 0.10 × 95

= 87.90

Therefore for computing the composite score for each location we simply multiply weight with A location and in the same manner of A, B and C

b. The maximum composite score from A, B and C is B

8 0
3 years ago
Other questions:
  • The Uniform Electronic Transaction Act (UETA): a. has been adopted in all 50 states. b. has been declared unconstitutional. c. i
    12·2 answers
  • In order to save time, money, and effort a group of criminologists, sociologists, psychologists, and political scientists combin
    5·1 answer
  • Hickock Mining is evaluating when to open a gold mine. The mine has 39,200 ounces of gold left that can be mined, and mining ope
    10·1 answer
  • A company purchased new furniture at a cost of $17,000 on September 30. The furniture is estimated to have a useful life of 5 ye
    12·1 answer
  • The difference between a merger and an acquisition is: Select one: a. That a merger involves one company purchasing the assets o
    6·2 answers
  • Alex has allocated his income in such a way that the marginal utility of the last unit of product X he consumes is 40 utils and
    13·1 answer
  • 2.5 If the nominal rate of interest is 4.25 percent and the expected rate of inflation is 1.75 percent, what is the real rate of
    12·1 answer
  • what are the typical interest rates for a traditional savings account, online savings account, certificate of deposit, and money
    11·1 answer
  • what are the economic factors influencing the communication industry as a whole and how does this impact the economic base​
    15·1 answer
  • the short-run aggregate supply curve would be expected to increase (shift to the right) as a result of:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!