ACTG2020_Week5 2014 Ch12CMD (1)

Is this enough hardwood to satisfy demand a yes b no

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Unformatted text preview: demand 600 Tables $400 $200 10 100 The company’s supplier of hardwood will only be able to supply 2,000 board feet this month. What plan would maximize profits? a. 500 chairs and 100 tables b. 600 chairs and 80 tables c. 500 chairs and 80 tables d. 600 chairs and 100 tables LO 3 Quick Check Chairs Tables Selling price $ 80 $ 400 Chairs Tables Variable 200 Selling price per unit cost 80 $ $400 30 Variable cost Contribution $30 per unit margin $200 50 $ 200 $ Board feet per oard feet 2 10 2 B unit 10 Monthly demand 600 100 CM per board foot $ 25 $ 20 The company’s supplier of hardwood will only Production of chairs 600 be able to supply 2,000 board feet this month. Board feet required 1,200 What plan would maximize profits? Board feet remaining 800 a. 500 chairs and oard feet per table B 100 tables 10 b. 600 chairs and roduction of tables P 80 tables 80 c. 500 chairs and 80 tables d. 600 chairs and 100 tables LO 3 Quick Check As before, Colonial Heritage’s supplier of hardwood will only be able to supply 2,000 board fee...
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This note was uploaded on 03/28/2014 for the course ACTG 2020 taught by Professor Lizfarrel during the Spring '11 term at York University.

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