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Kinnane's Fine Furniture Manufactures Two Models,Standard and Premium

question 195

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Kinnane's Fine Furniture manufactures two models,Standard and Premium.Weekly demand is estimated to be 100 units of the Standard Model and 70 units of the Premium Model.The following per unit data apply:
Kinnane's Fine Furniture manufactures two models,Standard and Premium.Weekly demand is estimated to be 100 units of the Standard Model and 70 units of the Premium Model.The following per unit data apply:   If there are 720 machine-hours available per week,how many rockers of each model should Kinnane produce to maximize profits? A) 100 units of Standard and 48 units of Premium B) 71 units of Standard and 70 units of Premium C) 100 units of Standard and 70 units of Premium D) 82 units of Standard and 62 units of Premium
If there are 720 machine-hours available per week,how many rockers of each model should Kinnane produce to maximize profits?

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Definitions:

Operating Expense

Ongoing costs for running a product, business, or system, not including the cost of goods sold but encompassing items like salaries and rent.

Wages Expense

The total amount of wages paid to employees during a specific period as an expense to the company.

Interest Expense

The price paid by an entity for the privilege of using borrowed funds over a designated period.

Operating Income

Earnings generated from a company's core business operations, excluding deductions of interest and taxes.

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