Colorado Memorabilia sells 3 types of Caps: Arid, Blu Mount, and Colorful. Making Arid requires 2...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Colorado Memorabilia sells 3 types of Caps: Arid, Blu Mount, and Colorful. Making Arid requires 2 minutes of sewing and 30 minutes of labor, and costs $18 in fabric. Blu Mount requires 2.5 minutes of sewing and 35 minutes of labor, and costs $14 in fabric. Colorful requires 3 minutes of sewing and 40 minutes of labor, but costs only $10 for fabric. There are 350 sewing minutes available per week, 4750 minutes of labor, and a budget of $3000. The company realizes profits as follows: Arid $20; Blu Mount $24; and Colorful $30. The solution from QM for Windows is shown below. Unese Programming Renuts (untitled) Solution A B. C RHS Dual Maomize 20 24 30 3. Constraint 1 2 25 35 350 10 Constraint 2 Constraint 3 Solution 30 40 4750 18 14 10 116 67 3000 3500 The ranging report from QM for Windows is shown below. Ranging (untitled) Solution Variable Value Reduced Original Val Lower Bou Upper Bou. 20 -Infinity 20 B 24 Infinity 25 116.67 Dual Value Slack/Surp 30 30 Infinity Upper Bou Original Val Lower Bou Constraint 1 10 350 356 25 Constraint 2 83.33 4750 3000 4666.67 Intinity Infinity Constraint 3 1833.33 1166 67 The Sales Manager made an error, and the profit for Blu Mount was reduced from $24 to $20. The profit will go down by: O $0. O $1167. O $350. O $4667. Colorado Memorabilia sells 3 types of Caps: Arid, Blu Mount, and Colorful. Making Arid requires 2 minutes of sewing and 30 minutes of labor, and costs $18 in fabric. Blu Mount requires 2.5 minutes of sewing and 35 minutes of labor, and costs $14 in fabric. Colorful requires 3 minutes of sewing and 40 minutes of labor, but costs only $10 for fabric. There are 350 sewing minutes available per week, 4750 minutes of labor, and a budget of $3000. The company realizes profits as follows: Arid $20; Blu Mount $24; and Colorful $30. The solution from QM for Windows is shown below. Unese Programming Renuts (untitled) Solution A B. C RHS Dual Maomize 20 24 30 3. Constraint 1 2 25 35 350 10 Constraint 2 Constraint 3 Solution 30 40 4750 18 14 10 116 67 3000 3500 The ranging report from QM for Windows is shown below. Ranging (untitled) Solution Variable Value Reduced Original Val Lower Bou Upper Bou. 20 -Infinity 20 B 24 Infinity 25 116.67 Dual Value Slack/Surp 30 30 Infinity Upper Bou Original Val Lower Bou Constraint 1 10 350 356 25 Constraint 2 83.33 4750 3000 4666.67 Intinity Infinity Constraint 3 1833.33 1166 67 The Sales Manager made an error, and the profit for Blu Mount was reduced from $24 to $20. The profit will go down by: O $0. O $1167. O $350. O $4667.
Expert Answer:
Related Book For
Accounting What the Numbers Mean
ISBN: 978-0078025297
10th edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
Posted Date:
Students also viewed these accounting questions
-
Colorado Business Tools, manufactures calculators. Costs incurred in making 9,500 calculators in February included 29,450 of fixed manufacturing overhead. The total absorption cost per calculator was...
-
A company sells seven types of boxes, ranging in volume from 17 to 33 cubic feet. The demand and size of each box is given in Table 7. The variable cost (in dollars) of producing each box is equal to...
-
A homogeneous sphere of radius c = 40 mm is attached as shown to a cord AB. The cord forms an angle = 30? with the vertical and is observed to process at the constant rate = 5 rad/s about the...
-
How do standard costs illustrate the trade-off between decision making and control?
-
Why do corporations issue long-term bonds, knowing that interest rate risk is higher for longer-term bonds?
-
Read Pena (2017). Examine the 12 benefits of collaboration. Which are related to social collaboration?
-
The function of the surface condenser is to (a) lower the engine thermal efficiency (b) increase the engine thermal efficiency (c) increase the black pressure of the engine (d) cool the exhaust gases
-
The ABC Corporation is considering a joint venture with another company to start an Internet based business. The new business will tap into the expertise ABC has developed in writing the complex...
-
A commuter airplane starts from an airport located at the origin. First it flies to city A located 99 km away from the airport in a direction 34 North of East. Next it flies 58.8 km at 38 West of...
-
1. Which aspect of the French revolution most disturbed commentators? 2. How would you align each of these writers on a spectrum running from extreme right to extreme left in politics? 3. How would...
-
Daryl wishes to save money to provide for his retirement. He is now 30 years old and will be retiring at age 64. Beginning one month from now, he will begin depositing a fixed amount into a...
-
Many researchers are interested in the transcription of protein-encoding genes in eukaryotes. Such researchers want to study mRNA. One method that is used to isolate mRNA is column chromatography....
-
What would happen to the SML graph in Figure 8.8 if expected inflation increased or decreased? Figure 8.8 268 269 270 271 272 273 274 275 A Required Rate of Return TH-13.0% SML: r, RF+RPM * b D E F H...
-
Political expectations, inflation, and unemployment Consider a country with two political parties, Democrats and Republicans. Democrats care more about unemployment than Republicans, and Republicans...
-
A European recession and the U.S. economy a. In 2014, European Union spending on U.S. goods accounted for \(18 \%\) of U.S. exports (see Table 17-2), and U.S. exports amounted to \(15 \%\) of U.S....
-
In general how have interest rates changed since the late 1980s according to Figure 11.1? FIGURE 11.1 Interest and Inflation Rates, 1988-2010 10p Rate (%) 8 6 10-Year Treasury Bonds 4 2 AAA Corporate...
-
Select a type of workgroup and describe the work they could do and their work environment. How does the type of group selected to match the work to be accomplished and the work environment? How does...
-
What kind of rays are X-rays?
-
Spike & Jones Ltd. did not pay dividends on its 7.5%, $100 par value cumulative preferred stock during 2012 or 2013. Since 2006, 125,000 shares of this stock have been outstanding. Spike & Jones Ltd....
-
Buck & Company incurred the following costs during August: Raw materials purchased . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 44,140 Direct labor ($12.50 per hour) . . . . . . . . . . ....
-
During the year, net sales were $125,000; gross profit was $50,000; net income was $20,000; income tax expense was $5,000; and selling, general, and administrative expenses were $22,000. Required:...
-
Using the potential theory obtain the damping for a cycle of (i) plunge, (ii) pitch oscillations.
-
Consider a delta wing with sweep angle \(\Lambda\). Show that the expressions 8.11 and 8.12 give the same lift line slope for the delta wing. Eq 8.11 Eq 8.12 = CD CD+CL tan
-
Using the Polhamus theory obtain the drag polar for a delta wing with sweep angle \(75^{\circ}\).
Study smarter with the SolutionInn App