Examlex

Solved

At One of Its Factories, a Jeans Manufacturer Makes Two

question 101

Multiple Choice

At one of its factories, a jeans manufacturer makes two styles: #891 and #917. Each pair of style-891 takes 10 minutes to cut out and 20 minutes to assemble and finish. Each pair of style-917 takes 10 minutes to cut out and 30 minutes to assemble and finish. The plant has enough workers to provide at most 7,500 minutes per day for cutting and at most 19,500 minutes per day for assembly and finishing. The profit on each pair of style-891 is $6.00 and the profit on each pair of style-917 is $8.50. How many pairs of each style should be produced per day to obtain maximum profit? Find the maximum daily profit. Round your profit to the nearest cent and anothet answers - to the nearest whole number. ​


Definitions:

Other Accounts Cr.

This term likely refers to the credit (Cr.) entries in accounts other than those frequently categorized, perhaps implying adjustments or less common financial transactions.

Purchases Journals

Accounting journals used to record all purchases of goods and services on credit for the purpose of resale.

Cash Receipts Journal

A dedicated accounting journal used to record all cash inflows or receipts, including cash sales and accounts receivable collections.

Other Accounts Column

A column in ledger books or accounting journals used to record transactions that do not fit into the standard categories provided, offering flexibility for miscellaneous entries.

Related Questions