Cully Furniture Buys Two Products for Resale: Big Shelves (B)

question 122

Multiple Choice

Cully Furniture buys two products for resale: big shelves (B) and medium shelves (M) . Each big shelf costs $500 and requires 100 cubic feet of storage space, and each medium shelf costs $300 and requires 90 cubic feet of storage space. The company has $75,000 to invest in shelves this week, and the warehouse has 18,000 cubic feet available for storage. Profit for each big shelf is $300 and for each medium shelf is $150. What is the maximum profit?

• A) $35,000
• B) $45,000
• C) $55,000
• D) $65,000

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Definitions:

Petit Jury

A group of 6 or 12 citizens who are summoned to and sworn by the court to hear evidence presented by both sides and render a verdict in a trial.

Not Guilty

A legal verdict wherein it is determined that there isn't enough evidence to prove the defendant committed the crime.

Equitable Principles

Fundamental concepts used in court to ensure fairness and justice, often applied when legal remedies are insufficient.

False Claims Act

An act that allows employees to sue employers on behalf of the federal government for fraud against the government. The employee retains a share of the recovery as a reward for his or her efforts.