4. Boutique El caballero, S.A., manufactures three types of garments that require the use of a special machine. There are only 36,000 machine hours available, per month. We have the following information: Pants Shirt Coat Sale price $ 160 $ 80 $ 170 Variable cost $ 45 $ 20 $ 40 Machine hours 5 7 6 Monthly demand 1,000 1,200 4,000 How many units of the coat product should be sold to maximize your profits?
4. Boutique El caballero, S.A., manufactures three types of garments that require the use of a special machine. There are only 36,000 machine hours available, per month. We have the following information: Pants Shirt Coat Sale price $ 160 $ 80 $ 170 Variable cost $ 45 $ 20 $ 40 Machine hours 5 7 6 Monthly demand 1,000 1,200 4,000 How many units of the coat product should be sold to maximize your profits?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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4. Boutique El caballero, S.A., manufactures three types of garments that require the use of a special machine.
There are only 36,000 machine hours available, per month.
We have the following information:
Pants Shirt Coat
Sale price $ 160 $ 80 $ 170
Variable cost $ 45 $ 20 $ 40
Machine hours 5 7 6
Monthly demand 1,000 1,200 4,000
How many units of the coat product should be sold to maximize your profits?
Procedure pleasee
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