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Brrunno [24]
3 years ago
7

A factory wishes to maximize its profit by choosing how many of each of its products to produce every week. The factory cannot p

roduce more than 32 units in total each week. A linear programming problem is formed and the part of the sensitivity report corresponding to this constraint is provided below. If the company could produce 10 more units each week, which of the following can be concluded about the optimal profit?
Nam Final Value Shadow Constraint R.H. Allowable Allowable
Price Side Increase Decrease
Total
Production 32 32 90 15.333 8.667
a. Optimal profit increases by 90.
b. Optimal profit increases by 900.
c. Optimal profit increases by 15.3.
d. Optimal profit increases by 153.3.
e. The impact on optimal profit cannot be determined with the given information.
Business
1 answer:
yKpoI14uk [10]3 years ago
7 0
Ask Siri to help you and there is the answer
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The estimated expense for accounts that may not be collected is referred to as:
sashaice [31]

Answer: a bad debt expense

Explanation:

The estimated expense for accounts that may not be collected is referred to as. bad debt expense. Joyce Corp uses the percentage-of-receivables method to account for bad debt expense. Joyce determines that a customer account of $20,000 should be written off as uncollectible

3 0
2 years ago
Both Nadia and Samantha are applying to insure their car against theft. Nadia lives in a secure neighborhood, where the probabil
Sergio039 [100]

Answer:

Option B

Explanation:

Both Nadia and Samantha have insured their cars and willing to pay $100 over the expected loss for insurance. If the car is stolen the company would pay expected loss and would earn nothing and if the car is not stolen the company would not be liable for any loss and would earn $200, Therefore the company would earn between $0 and $200.

3 0
3 years ago
Suppose Hoosiers, a specialty clothing store, rents space at a local mall for one year, paying $13,800 ($1,150/month) in advance
tigry1 [53]

Answer:

1.

Dec 31    Rent expense                   $3450 Dr

                  Prepaid Rent                       $3450 Cr

2.

Oct 1     Prepaid Rent                        $13800 Dr

                  Cash                                       $13800 Cr

3.

Year end balances at 31 December:

Rent Expense = $3450

Prepaid Rent = $10350

Explanation:

Assumption: The year end for the business in on 31 December.

1.

The rent is paid in advance thus it is an asset. On 31 December the adjusting entry will be made under the accrual principle to match the current period's rent expense and record it in the period to which it belongs to. Thus we will credit the rent expense for 3 months i.e. October, November and December. We will credit the asset account that is Prepaid Rent.

2.

The prepayment of rent is creating an asset account in the title of prepaid rent. The entry would be to record the asset prepaid rent by the full amount of the rent prepaid and credit the other asset account through which the payment is being made.

3.

The adjusted year end balance for rent expense will be the rent expense paid for this period that is $1150 * 3 = 3450

The balance in the prepaid rent account after adjusting the rent expense will be,

Prepaid rent = 13800 - 3450 = $10350

8 0
3 years ago
Suzanne works 25hours a week for four weeks at $9.50 per hour. How much does she earn at the end of four weeks?
Akimi4 [234]

Answer:

$950 in 4 weeks

Explanation:

25 x 9.5 = 237.5

237.5 = 950

OR

25hrs times 4 wks is 100hrs

100 x 9.5 = 950

6 0
3 years ago
For each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or lo
8090 [49]

Total variable cost is -44000 ,0, 244000.

TR = P * Q

TC = FC + VC

Profit = TR - TC

Price Q                        TR                       FC              VC

10      6000 6000 * 10 = 60000 44000 =10 * 6000 = 60000    

16 8000 16 * 8000 = 128000 44000 =10.5 * 8000 = 84000

40 12000 40 * 12000 = 480000 44000 =16*12000 = 192000

Profit

-44000

0

244000.

The main goal of a perfect competitor to maximize profits is to calculate the optimum production level where marginal cost (MC) = market price (P). As shown in the graph above, the point of profit maximization is where the MC intersects the MR or P.

This is the output when the marginal revenue from the last sold unit is equal to the marginal cost to produce it.

In order to maximize profits, companies need to produce in a place where marginal revenue and marginal cost are equal. The company's marginal production cost is $ 20 per unit. If the company produces 4 units, its marginal revenue is $ 20. Therefore, the company needs to produce 4 production units.

Learn more about profit or loss here: brainly.com/question/13799721

#SPJ4

8 0
2 years ago
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