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Blababa [14]
3 years ago
11

John's Locomotive Works manufactures a model locomotive. It comes in two versions: a standard (X1) and a deluxe (X2). The locomo

tives generate $250 per locomotive for the standard version and $350 per locomotive for the deluxe version. One constraint on John's production is labor hours. He only has 40 hours per week for assembly. The standard version requires 150 minutes each, while the deluxe requires 200 minutes. John's milling machine is also a limitation. There are only 20 hours a week available for the milling machine. The standard unit requires 60 minutes, while the deluxe requires 120.
Formulate as a linear programming problem, and solve using the corner points solution method.

Business
1 answer:
Law Incorporation [45]3 years ago
3 0

Answer:

Explanation:

X1                    X2              Z

0                      0                0

16                     0                 4,000

0                      10                3,500

8                       6                 4,100

check the picture attached for more explanation

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Diaz and Associates incurred the following costs in completing a tax return for a large company. Diaz applies overhead at 50% of
attashe74 [19]

Answer:

1. Dr Services in process inventory9,900

Cr Service salaries payable9,900

Dr Services in process inventory4,950

Cr Services overhead4,950

2. Dr Cost of services provided14,850

Cr Services in process inventory14,850

Explanation:

1.Preparation of journal entries to record direct labor andthe overhead applied.

Dr Services in process inventory9,900

Cr Service salaries payable9,900

[(5 × $500) + (12 × $200) + (100 × $50) = $9,900]

Dr Services in process inventory4,950

Cr Services overhead4,950

($9,900 x 50% = $4,950)

2.Preparation of the journal entry to record the cost of services provided.

Dr Cost of services provided14,850

Cr Services in process inventory14,850

($9,900+$4,950=14,850)

[(5 × $500) + (12 × $200) + (100 × $50) = $9,900]

+($9,900 x 50% = $4,950)

8 0
2 years ago
From 1994 to 1999, inflation in the United States was relatively constant at approximately 2.5 percent. When inflation is consta
stepan [7]

Answer:

The correct answer is option C

When inflation is constant for an extended period of time,

C. People will correctly anticipate the actual inflation rate, and the actual rate of unemployment will approach the natural rate of unemployment.

3 0
3 years ago
One advantage of a sole proprietorship is:
viva [34]

Answer:

option a

Explanation:

owner keeps all the profits

8 0
3 years ago
If real GDP​ increases, A. the money demand curve shifts to the right. B. there is a movement down along a stationary money dema
qaws [65]

Answer:

A. The money demand curve shifts to the right.

4 0
3 years ago
If over a short time there is an increase in the number of people retired and a decrease in the number of people working, then p
lesantik [10]

Answer:

a. rises but real GDP per person falls

Explanation:

Gross domestic product is the total monetary value of output that is produced by an economy in a given period.

GDP increases as the income increases. This is because people have more money to spend on goods and services.

So if people are retiring they will earn pension that will be spent. This increases productivity of the economy.

However since the number of people working is reducing there will be a reduction in real GDP per person. Only few people are producing and output will be allocated to a large population many of whom are not working.

6 0
3 years ago
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