Answer:
The max revenue is "$32,300". The further explanation is described below.
Explanation:
(a)
The composition as well as response of models within 6 rows seems to be as described in the following:
Maximum 1650B + 850N + 790P (B bracelets, N necklaces and P pins produce overall revenue)
Yes of course,
The total gold ounces will be:
⇒ 
The total labor hours will be:
⇒ 
Integers B, N, P will become
The response for LINDO is:
B=10.0.
N=0
P=20
Final Value of Maximization will be:
= 32,300
(b)
- 10 bracelets, hardly any necklaces as well as 20 pins should always be made by the shop.
- These goods utilizing 125 ounces of gold simultaneously,
- It would use 310 hours of labor although 10 hours would then stay unused.
The maximum salary will become:
= $32,300.
Answer:
Explanation:
The calculation is shown in the picture attached
P-value > 0.05 it is concluded that the null hypothesis is not reject.
There is not enough evidence to claim that the more than 10% of all plates blister under such circumstances.
Answer:
Fair price of the insurance policy is $62,500.
Explanation:
We have given that an investment that will pay you and your heirs $5000
So the annual cash flow = $5,000
It is given that you can earn 8 % annually on your money
Required rate of return = 8%
We have to find the fair price for the investment
Price of this annuity 
Fair price for the investment is $62,500.
Answer:
Total cash disbursement= $12,620
Explanation:
Giving the following information:
10% of purchases on account are paid in the month of the purchase
90% of purchases on account are paid in the month following the month of the purchase
Purchases:
March= $11,900
Abril= $12,700
<u>Cash payment April:</u>
Purchase on account from April= 12,700*0.9= 11,430
Purchase on account from March= 11,900*0.1= 1,190
Total cash disbursement= $12,620
Answer:
Cost of goods available for sale $186,000
Explanation:
The computation of the cost of goods available for sale is shown below:
Direct material $14,000
Direct labour $58,000
Manufacturing overhead applied $79000
Total manufacturing cost $151,000
Add: Beginning work in process $47,000
Less: Ending work in process -$53,000
Cost of goods manufactured $145,000
Add: Beginning finished goods inventory $41,000
Cost of goods available for sale $186,000
