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I need detailed answers to the question. thank you Q2. CY Ltd Manufactures three products. B, D and M. Planned production for the year 2022
I need detailed answers to the question. thank you
Q2. CY Ltd Manufactures three products. B, D and M. Planned production for the year 2022 is as follows. Production details is as follows: 3/8' Box alloy sheeting cost sh2 per sq meter. All labour hours is remunerated at the standard rate of sh8 per hour. All other costs of CY Ltd are fixed. Only one Box alloy sheeting mine is known to exist in the world, and that has recently been put out of the action by a geological fault and production of the minerals is not expected to resume until 2025. CY Ltd has however stock piled 3/8' Box alloy sheeting and has presently got 92,000 sq meters available for use. Required. (a) Giving examples explain what limiting factors are in decision making ( 2 marks) (b) A revised production schedule for CY Ltd in order to produce the maximum profit for the year 2022. Show all your workingsStep by Step Solution
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