Someone please help me quick, I don't know the answer to this question
2 answers:
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Answer:
$41,875
<u>Extra</u>
a. $17,250 [($780,000 – $90,000) ÷ 40]
b. $366,000 [$780,000 – ($17,250 × 24 yrs.)]
c. $29,600 [($366,000 – $70,000) ÷ 10 yrs.]
Step-by-step explanation:
Step 1: Determine the cost of the asset
Step 2: Subtract the estimated salvage value of the asset from the cost of the asset to get the total depreciable amount
Step 3: Determine the useful life of the asset
Step 4: Divide the sum of step (2) by the number arrived at in step (3) to get the annual depreciation amount
Let's assume
number of chairs =x
number of tables =y
we are given
Gavin builds furniture for a living. he Sells chairs for $45 and tables for $70 each
So, we can find objective function as
now, we can find inequalities
A table requires 10 hours and $15 worth of supplies to make
so, total hours to make table =10y
amount spent on table =15y
It takes Gavin 4 hours and $10 worth of supplies to build each chair
so, total hours to make chair =4x
amount spent on chair =10x
total number of hours to make chair and table =4x+10y
Gavin wants to work for no more than 40 hours per week
so, we get
spend no more than $80 on materials
so, we get
so,
objective function:
Constraints: