The Total Weekly Revenue (In Dollars) of the Company Realized

question 155

Short Answer

The total weekly revenue (in dollars) of the company realized in manufacturing and selling its rolltop desks is given by
​ ​
where x denotes the number of finished units and y denotes the number of unfinished units manufactured and sold each week. The total weekly cost attributable to the manufacture of these desks is given by
​ ​
dollars. Determine how many finished units and how many unfinished units the company should manufacture each week in order to maximize its profit. What is the maximum profit(P) realizable?
​
x = __________
​
y = __________
​
P = $__________

---

Definitions:

Bond Issue

The process by which a corporation or government raises funds by selling bonds to investors.

Effective Interest Method

A technique used in accounting to allocate the interest expense or income of a bond over its lifetime based on the bond's carrying amount at each interest period.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.