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photoshop1234 [79]
3 years ago
9

A factory produces short-sleeved and long-sleeved shirts. A short-sleeved shirt requires 30 minutes of labor, a long-sleeved shi

rt requires 45 minutes of labor, and 240 hours of labor are available per day. The maximum number of shirts that can be packaged in a day is 400, so no more than 400 shirts should be produced. If the profits on a short-sleeved and a long-sleeved shirt are $11 and $16, respectively, find the maximum possible daily profit?
Business
1 answer:
Orlov [11]3 years ago
6 0

Answer:

Profit= $5200

Explanation:

let the short sleeved shirt be x and long sleeved shirt be y then according to the given conditions 30x+45y=240(60) minutes---A

also x+y=400------B

multiplying b with 30 gives

30x+30y=12000------C

subtracting C from A 15y= 2400

y= 160 long sleeved shirts and x= 240 short sleeved shirts are made

Profits= 240*11+160*16=$5200

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Schedule of Cash Payments for a Service Company Horizon Financial Inc. was organized on February 28. Projected selling and admin
podryga [215]

Answer:

Cash payments:

March $30,300

April $51,660

May $58,490

Explanation:

The following costs amounting to $9,000 should be deducted from the projected expenses per month

A. Insurance costs (it had been prepaid in February)

B. Depreciation (it doesn't involve any cash movement)

C. Property tax (it won't be due for payment until June)

This leaves each month expense as shown in the attached schedule. And based on the 70 : 30 rule, the table reflects the full payment structure.

4 0
3 years ago
Discounters like target and walmart use a(n) ________ strategy that suggests they offer the best quality for that price level
V125BC [204]
<span>Discounters like Target and Walmart use a price value strategy that suggests the offer the best quality for that particular price level. The price value strategy sets the primary price, but it is not an exclusive price, and is set according to the perceived value of products and services to the customers that shop there.</span>
5 0
3 years ago
All of the following are permitted investments in individual retirement accounts except: _______
yaroslaw [1]

All of the following are permitted investments in individual retirement accounts except commodity futures.

<h3>What is commodity futures?</h3>

Contracts for the purchase or sale of commodities at a predetermined price and on a specific date in the future are known as commodity futures contracts. Along with financial instruments and currencies, commodities also include things like metals, oil, grains, and animal goods. With a few exceptions, trading in futures contracts must take place on a commodity exchange's trading floor.

The federal government agency that oversees the trading markets for commodity futures, commodity options, and commodity swaps is called the Commodity Futures Trading Commission (CFTC). The National Futures Association (NFA), the independent regulator for anyone who trades futures with the public, requires registration from anyone who advises futures traders or engages in futures trading.

To know more about commodity futures, visit:

brainly.com/question/27818554?

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5 0
2 years ago
Why is operations management relevant to managers in other organization functions? Base your discussion on your experience of op
Mars2501 [29]

Answer:

Operations management is relevant to improve the overall productivity in an organization as it involves working with all departments in the organization.

Explanation:

Operations management involves <u>planning, organizing and controlling the production processes by which raw materials are converted into valuable goods and services to be distributed to customers.</u>

An operations manager works with managers in other organizational functions to <u>improve the overall productivity in the organization.</u>

He or she maintains contact with; the financial manager to agree on the budget needed for production, the purchasing manager to determine what raw materials will be purchased for production, the personnel manager to sort out the human resources required for the production process, and the marketing manager to ensure that customer needs are taken into consideration when producing goods and services.

4 0
3 years ago
Wasson Widget Company is contemplating the production and sale of a new widget. Projected sales are $300,000 (or 75,000 units) a
Ber [7]

Answer:

Target cost per unit = $3.52

Explanation:

Given:

Projected sales = $300,000 or 75,000 units

Desired profit = $36,000

Find:

Target cost per unit

Computation:

Target cost per unit = [Projected sales - Desired profit] / Total units

Target cost per unit = [$300,000 - $36,000] / 75,000

Target cost per unit = $264,000 / 75,000

Target cost per unit = $3.52

8 0
3 years ago
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