because the person who made it likes to make people mad/sad
Answer:
133 acres of sugar cane
and 300 of soybean provide a profit of $ 733,000
Explanation:
We setup the fromulas and use excel solver:
labor hours: 3 x sugar acres + 4 x soybean <= 1,600
profit = 1,000 x sugar acres + 2,000 soybean
with the restriction soybean <= 300
SOLVER
acres hours PROFIT
sugar cane 133 x 3 = 399 x 1,000 = 133,000
soybeans 300 x 4 = 1,200 x 2,000 =<u> 600,000 </u>
TOTAL 733,000
Answer:
See Explanation below for the detailed answer
Explanation:
The following are income statement summaries for prior years comparing the change in inventory valuation from LIFO to FIFO
2015 Lifo : $ 530000 Tax : $159000 Profit $ 371000
Fifo : $ 561000 Tax : $ 168300 Profit $ 392700 <em>Difference; $21700</em>
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2016 Lifo : $ 625000 Tax : $187500 Profit $ 437500
Fifo : $ 675000 Tax : $ 202500 Profit $ 472500 <em>Difference; $35000</em>
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2017 Fifo: $644000 Tax : $ 193200 Profit $ 450800