Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 6 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 03 Aug 2017 My Price 4.00

Running Corp

Running Corp. manufactures two models of a fishing reel: Deluxe and Supreme, selling for $90 and $150, respectively. There are only 28,000 hours of the master craftsmen's time available to manufacture reels. Direct labor and other variable costs come to $50 for the Deluxe model and $60 for the Supreme. Total fixed costs equal $70,000. It takes the craftsmen 2 hours to make the Deluxe model and 4 hours for the Supreme. Demand for these reels is such that it is estimated up to 6,000 of each type of reel can be sold.

Required:
If Running Corp. can only sell a maximum of 6,000 units of each type of reel, how many of each reel should Running Corp. make in order to maximize net income? Explain your answer fully and show your computations.

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Aug 2017 10:08 PM My Price 4.00

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