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What is the profit for each of the following products? W18PD: H18PD: W75CS: H75CS: H14PD: W00RS: Table 1. Products Product Description Demand* Wholesale Price (units)
What is the profit for each of the following products?
W18PD:
H18PD:
W75CS:
H75CS:
H14PD:
W00RS:
Table 1. Products | |||
Product | Description | Demand* | Wholesale Price |
(units) | |||
W18PD | WIT 18 Amp Power Drill | ?? | 62 |
H18PD | Houston 18 Amp Power Drill | ?? | 60 |
W75CS | WIT 7.5 Circular Saw | ?? | 81 |
H75CS | Houston 7.5 Circular Saw | ?? | 69 |
H14PD | Houston 14 Amp Power Drill | ?? | 56 |
W00RS | WIT Reciprocating Saw | ?? | 75 |
Table 4. Raw Material Requirements and Warehouse Inventory Levels | |||||
Product | Polystyrene | Aluminum | Copper Wire | Machine Steel | Paint |
| (lb.s) | (lb.s) | (feet) | (lb.s) | (gal.s) |
W18PD | 0.71 | 1.05 | 7.88 | 0.74 | 0.10 |
H18PD | 1.14 | 0.50 | 10.10 | 0.71 | 0.10 |
W75CS | 1.02 | 4.20 | 15.20 | 3.00 | 0.15 |
H75CS | 1.81 | 2.91 | 11.99 | 2.08 | 0.16 |
H14PD | 1.01 | 0.45 | 10.93 | 0.67 | 0.10 |
W00RS | 0.84 | 0.48 | 18.53 | 0.83 | 0.13 |
Inventory on Hand | 15600 | 15390 | 74400 | 12269 | 1523 |
Table 5. Raw Materials | |
Raw Material | Cost |
Polystyrene (lb.) | 0.23 |
Aluminum (lb.) | 1.23 |
Copper Wire (foot) | 0.34 |
Machine Steel (lb.) | 2.52 |
Paint (gal.) | 7.5 |
Table 6. Standard Costs | ||||
Product | Misc. Material | Variable Overhead | Labor | Shipping |
W18PD | 5.15 | 3.22 | 22.93 | 4.46 |
H18PD | 3.35 | 3.22 | 22.35 | 4.41 |
W75CS | 5.05 | 3.59 | 22.91 | 5.67 |
H75CS | 4.15 | 3.22 | 20.02 | 5.45 |
H14PD | 3.56 | 3.14 | 19.87 | 5.56 |
W00RS | 4.95 | 3.5 | 23.79 | 5.67 |
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