Answer:
As we want to maximize the profit, the objective function is the profit function:
Explanation:
This is a linear programming problem.
We want to maximize the profit, and the limitations are budget, where we take into account the cost of the types of beds, and warehouse space, where we take into account the space the beds required.
As we want to maximize the profit, the objective function is the profit function:
The constraints are:
- Budget
- Warehouse space:
Answer:
Total cost of goods sold per unit is $35,000
Explanation:
Given Data:
cost for decorative pillow =$75.00 per unit
Total sold unit = 1750
Per unit manufacturing cost
we know that Variable Costing includes only manufacturing cost
Therefore, the total cost of goods as per variable costing can be computed as follow
The total cost of goods sold per unit is $35,000