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Determine the overall purchase for year N O LSC manufactures fancy' bracelets for men for jewelry stores and also for supermarkets, 1 It offers its
Determine the overall purchase for year N
O LSC manufactures "fancy' bracelets for men for jewelry stores and also for supermarkets, 1 It offers its customers 2 models: 2 -The leather bracelet 3. The steel bracelet 4 5 The quantities required to manufacture one unit of each bracelet are as follows: 6 (The rivets are the same for both types of bracelets) 7 8 Leather Steel 9 bracelet bracelet Leather in kilogram 0.020 1 Steel in kilogram 0.050 2 Rivets (in units) 4 6 3 Round clips (in units) 2 4 Rectangular clips (in units) 3 5 6 On 1st January, the opening inventories were as follows: 8 Quantities Unit cost 9 Leather in kilogram 100 50.00 Steel in kilogram 200 30.00 1 Rivets (in units) 50,000 0.05 Round clips (in units) 20,000 0.30 3 Rectangular clips (in units) 15,000 0.40 4 Leather bracelets (in units) 35,000 5 Steel bracelets (in units) 25,000 6 7 In N-1, LSC sold 400,000 leather bracelets and also 300,000 8 steel bracelets. She plans that in N, the sales of the former will increase by 15% 9 and those of the second by 30% (all this compared to N-1). She wishes to have Din inventory 30,000 leather bracelets at the end of the year N and 20,000 1 steel bracelets. 2 3 With regard to the inventories of material desired at the end of year N, they are as follows: 4 6 Leather in kilogram 80 Steel in kilogram 170 7 Rivets (in units) 60,000 3 Round clips (in units) 25,000 9 Rectangular clips (in units) 28,000 D 1 N-B: Purchases of material in N will be made at the following prices: 2 3 Leather in kilogram 55.00 4 Steel in kilogram 33.00 5 Rivets (in units) 0.05 6 Round clips (in units) 0.33 7 Rectangular clips (in units) 0.42 8 9 Question: Determine the overall amount of purchases planned for year N. D O LSC manufactures "fancy' bracelets for men for jewelry stores and also for supermarkets, 1 It offers its customers 2 models: 2 -The leather bracelet 3. The steel bracelet 4 5 The quantities required to manufacture one unit of each bracelet are as follows: 6 (The rivets are the same for both types of bracelets) 7 8 Leather Steel 9 bracelet bracelet Leather in kilogram 0.020 1 Steel in kilogram 0.050 2 Rivets (in units) 4 6 3 Round clips (in units) 2 4 Rectangular clips (in units) 3 5 6 On 1st January, the opening inventories were as follows: 8 Quantities Unit cost 9 Leather in kilogram 100 50.00 Steel in kilogram 200 30.00 1 Rivets (in units) 50,000 0.05 Round clips (in units) 20,000 0.30 3 Rectangular clips (in units) 15,000 0.40 4 Leather bracelets (in units) 35,000 5 Steel bracelets (in units) 25,000 6 7 In N-1, LSC sold 400,000 leather bracelets and also 300,000 8 steel bracelets. She plans that in N, the sales of the former will increase by 15% 9 and those of the second by 30% (all this compared to N-1). She wishes to have Din inventory 30,000 leather bracelets at the end of the year N and 20,000 1 steel bracelets. 2 3 With regard to the inventories of material desired at the end of year N, they are as follows: 4 6 Leather in kilogram 80 Steel in kilogram 170 7 Rivets (in units) 60,000 3 Round clips (in units) 25,000 9 Rectangular clips (in units) 28,000 D 1 N-B: Purchases of material in N will be made at the following prices: 2 3 Leather in kilogram 55.00 4 Steel in kilogram 33.00 5 Rivets (in units) 0.05 6 Round clips (in units) 0.33 7 Rectangular clips (in units) 0.42 8 9 Question: Determine the overall amount of purchases planned for year N. DStep by Step Solution
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