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3 years ago

5

When a route in a transportation problem is unacceptable, the corresponding variable can be removed from the LP formulation. Tru

e False

1 answer:

GenaCL600 [577]3 years ago

6 0

Answer:

True

Explanation:

You might be interested in

The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde

lakkis [162]

Answer:

1.Cost of direct material used =$168000

2.cost of direct labor used =$100000

3.Cost of goods manufactured =$396800

4.cost of goods sold =$422100

5.Gross profit = $577900

6.Under applied factory overhead =$84000

Explanation:

Direct labour= (D/L)

Direct material = (D/M)

Factory overhead =( FOH)

Raw material used = material (open) +purchased -material (end)

= 30000+194000-56000

= 168000.

Entry: Dr work in process 168000

Cr raw material 168000

Manufacturing cost = Raw material used + direct labor cost + factory overhead.

= 168000+100000+(16000+23000+100000) = $407000.

COGM= Manufacturing cost+work in process (open)-work in process (end)

= 407000+9900 - 20100 = $396800.

Applied factory overhead= direct labor * predetermined rate

= 100000*55% = $55000.

entry: Dr work in process 55000

Cr Applied factory overhead 55000.

Cost of goods sold = Cost of goods manufactured + finished goods (open) -finished goods (end).

= 396800+59000-33700 =$422100.

T-account

Raw material Work in process

Dr___________Cr__ __ DR ___________CR

30000-- (open) 9900 ----

194000--- (D/L) 100000 ---

---- 56000 (FOH) 55000 --- 20100

---- bal figure 168000 168000 -- bal fig 312800.

Actual factory overhead = $139000

Applied factory overhead =$<u>55000</u>

Under applied factory overhead = 84000.

Sales = 1000000

Less cost of goods sold = (<u>422100</u>)

Gross profit 577900

6 0

3 years ago

Carol and leslie enter into a contract stating that carol will pay leslie $650 per month for the next 20 years. carol will live

igomit [66]

They are in Installment Sales Contract.

<h3>What is an Installment Sales contract?</h3>

Any contract or agreement, including a contract for deed, bond for deed, or any other sale or legal device whereby a seller agrees to sell and the buyer agrees to buy residential real estate, in which the consideration for the sale is payable in installments for a period of at least one year after the date of sale, and the seller retains an interest or security for the purchase price or otherwise in the property, is referred to as an "installment sales contract" or simply as "contract."

Revenue recognition using the installment sales technique is postponed until the sale's cash is received. Because revenue is not immediately recognized at the moment of sale, the installment sales method is a conservative way to recognize revenue.

Only when partial ownership is transferred at the time of sale is the installment sales technique used. The technique is also applied when there is some doubt regarding the amount that will be collected (therefore, it would be inappropriate to recognize all revenue at the time of sale).

Therefore, Carol and Leslie are in Installment Sales Contract.

For more information on Installment Sales Contract, refer to the given link:

brainly.com/question/24178410

#SPJ4

8 0

2 years ago

Summarize the effect of credit card interest on thermal cost of items

Mice21 [21]

Answer:

Interest Rates

<em>The first factor is the most obvious: the interest rate. Naturally, a low rate will cost you less—our numbers indicate a $10,000 balance with a 5.9% interest rate will cost $10,637 in total if paid off in 2 years.</em>

<em>That may not sound too bad, but bear in mind that 5.9% interest is extraordinarily difficult to get these days. Even people with excellent credit scores will likely pay “double digit” interest rates of over 10%. And if you’re paying a more typical 12.9% in interest on that same $10,000, you’ll pay a total of $12,797 over the same 2 years.</em>

Hope I Helped

<u><em>From Google</em></u>

3 0

3 years ago

In the short run, the marginal cost of the first unit of output is $20, the marginal cost of producing the second unit of outp

Alinara [238K]

Answer:

Hence, the firm's total variable cost of producing three units of output is $48 unit.

Thus, the correct option is d. $48 unit.

Explanation:

The computation of total variable cost is shown below:

= marginal cost of the First unit of output + marginal cost of the second unit of output + marginal cost of the third unit of output

= $20 + $16 + $12

= $48

The variable cost include all type of cost which is change when the production level changes. In the given question, the output level changes with the unit which reflects the variable cost. So, the cost would be added in the computation part.

Hence, the firm's total variable cost of producing three units of output is $48 unit.

Thus, the correct option is d. $48 unit.

6 0

3 years ago

Explain the relationship between consumers and producers in economic growth and activity

Strike441 [17]

The economy consists of producers, who make and sell goods and services, and consumers, who buy the goods and services.

Producers rely on consumers to buy from them, and consumers rely on producers to provide the goods and services they want.

Money allows this relationship to work.

3 0

3 years ago