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EastWind [94]
3 years ago
10

Andalus Furniture Company has two manufacturing plants, one at Aynor and another at Spartanburg. The cost in dollars of producin

g a kitchen chair at each of the two plants is given here. Aynor: Cost = 80Q1 + 7Q12 + 93 Spartanburg: Cost = 20Q2 + 3Q22 + 147
WhereQ1 = number of Chairs produced at Aynor
Q2 = Number of Chairs produced at SpartanburgAndalus needs to Manufacture a total of 40 Kitchen Chairs to met an order just received. Howmany chairs should be made at Aynor and how many should be made at Spartanburg in order tominimize production costs.
Min + 100) +s.t. Q1 + Q2 = 40Q1,Q2≥0

a. Using Excel Solver What is the optimal solution for this problem
Business
1 answer:
Bad White [126]3 years ago
5 0

Answer:

9 in Aynor and 31 in Spartanburg

Explanation:

we need to build the following:

    A              B           C

           units    COST

Aynor          9           =93 + 80*B2 + POWER(B2;2)*7

Spartanburg 31           =147 + 20*B2 + POWER(B2;2)*3

             =b2 + b3   = c2 + c3

We stablish that we want to minimize c3

changing cell b2 and b3

with the restriction that must be integer solution and b4 should equal 40

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On July 1, Crowe Co. pays $15,000 to Zubin Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending
Neko [114]

Answer:

a.

July 1, Year 1

Prepaid Insurance                  $15000 Dr

     Cash                                       $15000 Cr

Dec 31, Year 1

Insurance expense                    $2500 Dr

    Prepaid Insurance                     $2500 Cr

b.

July 1, Year 1

Cash                                                  $15000 Dr

    Unearned Service revenue             $15000 Cr

Dec 31, Year 1

Unearned service revenue        $2500 Dr

    Service revenue                           $2500 Cr

Explanation:

a.

The company will record the cash going out of the business for prepaid insurance as credit and the asset account prepaid insurance as debit to record the prepayment of insurance for 3 years at the amount of $15000.

The insurance paid out is for 3 years. So, the per year insurance expense is,

Insurance expense per year = $15000 / 3 = $5000

The adjusting entry made on 31 december will record the insurance months consumed (6 months) as an expense and debit the insurance expense and credit the prepaid insurance asset account.

The insurance expense for 6 months = 5000 * 6/12 = $2500

b.

For the receiving company, the cash is being received and as the service will be provided later on, the cash received will be debited and the unearned service revenue will be credited.

As six months worth of cover has passed, on 31 December, the company will record service revenue for 6 months that is $2500 and debit the liability recorded under unearned service revenue.

4 0
4 years ago
Purely domestic firms will be at a disadvantage to mnes in the event of market disequilibria because
Amanda [17]

Purely domestic firms will be at a disadvantage to men's in the event of market disequilibria because domestic firms lack comparative data from its own sources.

<h3>What are domestic firms?</h3>

Most or all of the operations of domestic companies are conducted within the US. They might export goods or import supplies, but these activities often make up a modest portion of overall corporate activity. US securities regulations primarily apply to domestic enterprises. Typically, their financial reports are created using widely accepted accounting principles (GAAP).

To know more about domestic firms visit:

brainly.com/question/13770538

#SPJ4

8 0
1 year ago
Which of the following is an example of a capital market instrument? Group of answer choices Banker's acceptances. Commercial pa
stealth61 [152]

Answer:

Preferred stock

Explanation:

The capital market instruments refer to the instrument that involves stock, bonds, debentures, the preferred stock that deals in the securities and come under the capital

Also, the other options that are mentioned are the money market examples

Therefore the correct option is preferred stock and the same is to be considered

8 0
3 years ago
If the Trial Balance columns are not equal and the difference can be evenly divided by 9, then the error most likely is a transp
saw5 [17]

Answer:Yes

True

Explanation:

A transposition error is a data entry error that is caused by inadvertently switching two adjacent numbers. ... For example, the number 63 is entered as 36, which is a difference of 27. The number 27 is evenly divisible by 9. This can surely cause discrepancies in the trial balance

7 0
3 years ago
Tai min is a 14 year old girl who was encouraged by government officials to rent out her body for sexual purposes to help her co
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Prostitution should be the correct answer
4 0
3 years ago
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