Question: Question 1 : ( 3 0 points ) The company Jugueton sells two electric ride - on cars. They buy all the components from different

Question 1: (30 points)
The company Jugueton sells two electric ride-on cars. They buy all the components from
different suppliers and they assemble by hand the products. The ride-on cars are tested before
being packaged for sale. The difference between the products is that car Y also has a remote-
control feature. The following budgeted details relate to the ride-on cars:
The following costs are derived from their budget this year:
During the following month there is a limitation in the number of hours allocated for
assembling and testing because of a legal union action. For assembly, they are limited to 100
hours and for testing 50 hours. The managers want to find out how the resources should be
distributed by product in order to maximize their profits.
Required
1. Calculate the contribution per unit for each type of product (5p).
2. Determine the objective function based on these two constraints (2 p).
3. Write the equations for the two constraints (2p)
 Question 1: (30 points) The company Jugueton sells two electric ride-on

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!