Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. facilities planning an order of 20 custom-designe

Facilities planning An order of 20 custom-designed castings has been received. Each casting costs...

60.1K

Verified Solution

Question

Accounting

image

Facilities planning

An order of 20 custom-designed castings has been received. Each casting costs $ 400 per scheduled castings. If the casting is good, it is then finished to specifications at an added cost of $ 250. Excess good castings are not finished but are recycled at value of $100. If the casting is not good, it is recycled at a value of $ 50. The customer is willing to pay $ 900 for 20 acceptable castings. Also, he has agreed to accept 21 to 25 castings at a price of $800. (a) Formulate the revenues function b) Calculate the profit when the lot quantity is 28 and number of good items = 23. Show calculations. Donu

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

An unknown compound contains only C, H, and O. Combustion of 6.10 g of this compound...

Chemistry
1.2K views

Chromium metal can be electroplated from an acidic solution of (CrO4)-2 a.      Write the half reaction b.     Determine...

Chemistry
1.2K views

What is the importance of the Sandmeyer Reaction? What is the azide group and why it...

Programming
1.2K views

In class we learned that, if terms added in a series continually decrease in size, the...

Physics
1.2K views

Pick an appropriate scale and graphically add these vectors, in order: A = 30 m/s at...

Advance Math
1.2K views

Question 1 [35 marks] A foundry that specializes in producing custom blended alloys has received an...

Algebra
1.2K views

Determine the amount of money that will be accumulated in an account that pays compound...

Algebra
1.2K views

symmetric about both the vertical and horizontal axes 4 Complete the figures below so that...

Accounting
1.2K views

can you solve tha required 1 to 6 ? ...

Accounting
1.2K views

The current section of Ohno's Ltd statement of financial position at 30 June 2016 is...

Accounting
1.2K views

Problem 12-13 (LO. 1) Ellie and Linda are equal owners in Otter Enterprises, a calendar...

Accounting
1.2K views

oped while in college. He began building wooden corn hole game sets for friends, hand...