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TIM Manufacturing Company produces seat covers for automobiles. There are two models: Custom and Standard. The covers are sold in two, states, Texas and Arizona.
TIM Manufacturing Company produces seat covers for automobiles. There are two models: Custom and Standard. The covers are sold in two, states, Texas and Arizona. Three materials are used, designated as A, B, C. There are two producing departments---- Cutting and Finishing. The following profit plan estimates have been made for the coming year, 19X7.
1 Sales plan--Custom 10,000 in Texas, 4,000 in Arizona; Standard 30,000 in Texas, 10,000 in Arizona. Sales prices to retailers---Custom $15; Standard $12.
2 Inventories (FIFO):
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