(a) What is the optimal solution, and what is the value of the objective function?E140xS110XD0✓.xprofit$19430(b) which constraints are binding? (Select all that apply.)fan motorscooling coilsmanufacturing time(c) Which constraint shows extra capacity?Ofan motorsO cooling coilsO manufacturing timeHow much extra capacity (in hr) is available?160xhr(d) If the profit for the deluxe model were increased to $145 per unit, would the optimal solution change? Use the information in the output to answer this question,The optimal solution would not✓change because the new profit is withinthe range of optimality Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The profits per unit are $63, $95, and $135, respectively. Theproduction requirements per unit are as follows:Number ofNumber ofFansManufacturingTime (hours)Cooling CollsEconomyA18Standard1212Deluxe1414For the coming production period, the company has 260 fan motors, 340 cooling colls, and 2,600 hours of manufacturing time available. How many economy models (6), standard models (S), anddeluxe models (D) should the company produce in order to maximize profit? The linear programming model for the problem is as follows:Max 63E+ 955 +1350s.t.Fan motors18+ 15 +LE+ 25 +85+ 125+10 26040 s 340140 s 2,600Cooling coilsManufacturing timeThe sensitivity report is shown below.Variable CellsFinal Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease0.00063.00012.00015.500180.00080.0000.00095.00031.0008.0000.00024.000135.00024.0001E+30Final Value Shadow Price Constraint R.H. Side Allowable IncreaseAllowable Decrease260.00031.000260.00050.00090.00032.000340.00050.00080.000340.0002,400.0000.0002,600,00018+30200.000E,S, DONameEconomy ModelsStandard ModelsDeluxe ModelsModel VariableESDConstraintsConstraint Number123NameFan MotorsCooling CollsManufacturing Time

Answered: Image /qna-images/answer/f53c4e43-7f48-4c89-b914-dd29ec8f0151.jpg

Answered: Economy Standard Deluxe Number of Fans…

Business

Accounting

Economy Standard Deluxe Number of Fans Number of Cooling Colls Manufacturing Time (hours) 8 12 14

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Variable overhead efficiency variance
Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. 80,000 units 48,000 units $ 24 per unit $ 26 per unit $3 per unit $ 600,000 in total Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead Belle Company's product is sold for $80 per unit. Variable selling and administrative expense is $2 per unit and fixed selling and administrative is $320,000 per year. Compute the net income under absorption costing. Multiple Choice O $80,000 $98,000 $296,800 tran^^^
ZAD1 Sunshine Gardens overhead expenses are: 0.50 Indirect material pounds per unit Indirect material cost per pound Indirect labor hours $ 1.00 1.00 $ 16.50 Indirect labor rate per hour Variable maintenance per unit $ 0.75 $ 0.20 Variable utilities per unit Supervisor salaries $10,000 Maintenance salaries $ 9,000 Insurance $ 3,000 Depreciation $ 1,500 Given production of 10,200; 11,300; 12,900; and 13,200 for each quarter of the next year, prepare a manufacturing overhead budget for each quarter.
Kirby Fasteners supplies the electronics industry with accessories for cases, disc enclosures, and so on. Below are the costs and volumes for the past six months at its Plant number 6: Kirby Fasteners Plant Number 6 January to June Results Volume (Units) 11,100 10,040 13,370 13,900 11,900 11,680 Required: a. Use the high-low method to estimate the monthly fixed cost of production and the variable cost of production per unit. b. Kirby analysts forecast a production level of 12,100 units in July. Based on the results from requirement (a), what would be the estimated production costs in July? Total Cost $ 196,900 187,795 222,400 235,080 214,555 211, 212 Complete this question by entering your answers in the tabs below. Required A Variable cost Fixed cost Required B Use the high-low method to estimate the monthly fixed cost of production and the variable cost of production per unit. (Round "Variable cost" answer to 2 decimal places.)
Plz solve the question with explanation within 10-20 mins.i will give you upvotes
QUESTION Valencia Manufacturing Company manufactures and sols musical aadgets The business ened Operating Income of $220.p00 in 2018 when sellng picn per unit was $200, and the president of Valencia 1s under pressure to increase operating income in 2018. Data for varjable cost per unit and total fixed costs were as follows Variable expenses per unt Direct Material Direct Labour Variable Manutacturrg Overmead $40 $32 $18=T0 Faed expenses: Fled Manufacturing Overhead Fired Seling Costs Fixed Administrative Costs $190 000 $115,000 $135.000440 CD Required: (a) Using the equation method, calulate the number ef units sold in 2018. Given the sales units calculated in Part (a), prepare a contribution margin income statement for the year ended December 31, 2018. detaling the composition of total fed costs and clearty showing contribution and net income (ef Calculate Valencia's break-even paint in units and in sales dellars (d) Calculate the marain of safety in units and in sales dollars The…
Green and White Company reported the following monthly data: Units produced Sales price Direct materials Direct labor Variable overhead Fixed overhead What is Green and White's contribution margin for this month if 1,090 units were sold? Multiple Choice O $74,400 $26,160 $32,700 3,100 units $ 30 per unit $ 1 per unit $ 2 per unit $ 3 per unit $ 12,400 in total $93,000
Question 4: A plant manager considers the operational cost per hour of five machine alternatives. The cost per hour is sensitive to three potential weather conditions: cold, mild, and warm. The following table represents the operations cost per hour for each alternative-state of nature combination: States of Nature Weather-related cost per hour Mild cost/day Alternatives Cold cost/day $42 $45 $40 $60 Warm Machine 1 Machine 2 Machine 3 Machine 4 Machine 5 $40 $42 $35 $30 cost/day $45 $47 $54 $48 $45 $40 $45 Using the optimistic criterion, which alternative is best?
Electronio ExperGecupancy Percentage 62 Month January April August 6,200 6,600 68 7,200 78 December 5,500 50 Jsing the highllow two point method to: 1 Determine the variable cost per 1poercent of occupancy 2 Estimate the fixed costs per month 3 What is the estimated total electric expense at 62 pecent of ocoupancy? ANSWER Month Electronic Expenses Oooupanoy Percentage High August 7,200 78 Low December 5,500 50 Difference 1,700 28 1 Variable cost per 1% of ocoupanoy = 61 2 Total variable cost of electric expense for December = Total fixed cost of electric expense for December = 3,035.71 2,464.29 Total variable cost of electric expense for August = Total fixed cost of electrio expense for August = 4,735.71 2,464.29 3 Using the fixed cost for December as the total fixed cost for estimation Total variable cost of electric expense at 62%. oooupancy = Total fixed oost of electric expense at 62% occupanoy Estimated total electric expense at 62% occupancy =
pproximately Relevant ABC Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year: Activity Expected Cost Activity Driver Activity Capacity Setting up equipment $147,000 Number of setups 120 Ordering materials 18,000 Number of orders 1,200 Machining 126,000 Machine hours 10,500 Receiving 30,240 Receiving hours 1,260 Silven produces two models of cell phones with the following expected activity demands: Model X Model Y Units completed 5,400 10,800 Number of setups 80 40 Number of orders 400 800 Machine hours 6,000 4,500 Receiving hours 420 840 Required: 1. Determine the total overhead assigned to each product using the four activity drivers. Total Overhead Assigned Model Y 2. Determine the total overhead assigned to each model using the two most expensive activities. The…
Q2: components X are used as follows: Normal usage = 100 units per week each Minimum usage = 50 units per week each Maximum usage = 150 units per week each Re - order Quantity = X : 600 units . X:4 to 6 weeks Re - order period . Required: Re - order level %3D 2. Maximum level 3. Minimum level
Activity Cost Driver Chosen asAllocation Base Conversion Cost Per Unit ofAllocation Base Materials handling Number of parts $1.00 Machining Machine hours 60.00 Packaging Number of finished units 2.00 Each windsock requires three parts and spends five minutes in the machining department. The total cost of direct materials and direct labor is $3.50 per windsock. Gale produces 20,000 windsocks each year and sells them at 140% of cost. The selling price per windsock is: Question 8 options: $13.50. $18.90. $16.10. $88.20.