Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The company is considering the possibility of producing 12 colonial-style desks, 14 Spanish-style desks, and 20 Canadian-style desks monthly. What quantity of wood should it

image text in transcribed

The company is considering the possibility of producing 12 colonial-style desks, 14 Spanish-style desks, and 20 Canadian-style desks monthly. What quantity of wood should it order monthly to achieve its production goal?

The cost of materials is $4.50 per linear meter for wood, $32.50 per square meter for plywood, and $22.50 per square meter for particle board. Determine the matrix of manufacturing costs in raw materials.

To manufacture a colonial-style desk, it requires 6 hours of work. The production of a Spanish-style desk requires 5 hours, and the production of a Canadian-style desk requires 4 hours of work. Knowing that the hourly wage is $8.50, determine the matrix of labor costs.

Determine the matrix of production costs for these desks.

The manufacturer wants to make a profit equivalent to 50% of the production costs on these desks. Calculate the manufacturer's price matrix.

The furniture is sold in stores that mark up the prices by 40%. Calculate the matrix of store prices.

The manager of the wood company informs the manufacturer that they cannot fulfill the order because they already have contracts with other customers. He proposes to deliver the available quantities each month. The first month's delivery consists of 332 linear meters of wood, 44 square meters of plywood, and 44 square meters of particle board. How many desks of each model can be produced with these materials?

The second month's delivery consists of 612 meters of wood, 76 square meters of plywood, and 86 square meters of particle board. How many desks of each model can be produced with these materials?

\begin{tabular}{|l|l|l|l|} \hline & colonial & Spanish & Canadian \\ \hline wood & 12 & 16 & 14 \\ \hline plywood & 1,5 & 2,5 & 1,5 \\ \hline Particle board & 1,8 & 1,6 & 2,2 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline & colonial & Spanish & Canadian \\ \hline wood & 12 & 16 & 14 \\ \hline plywood & 1,5 & 2,5 & 1,5 \\ \hline Particle board & 1,8 & 1,6 & 2,2 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Controlling White Collar Crime Designing And Auditing For Systems Security

Authors: John Millar Carroll

1st Edition

0409950653, 978-0409950656

More Books

Students also viewed these Accounting questions