It takes 8 units of carbohydrates and 4 units of protein to satisfy Ralph's minimum weekly...
Suppose that it takes 12 units of carbohydrates and 10 units of protein to satisfy Jacob's minimum weekly requirements. A particular type of meat contains 2 units of carbohydrates and 2 units of protein per pound. A particular cheese contains 3 units of carbohydrates and 1 unit of protein per pound. The meat costs $3.90 per pound and the cheese costs $2.50 per pound. How many pounds of each are needed in order to minimize the cost and still meet...
Customers buy 12 units of regular beer and 19 units of light beer monthly. The brewery decides to produce extra beer, beyond that needed to satisfy the customers The cost per unit of regular beer is $31,000 and the cost per unit of light beer is $46,000. Every unit of regular beer brings in $250,000 in revenue, while every unit of light beer brings in $500,000 in revenue. The brewery wants at least $20,000,000 in revenue. At least 34 additional...
Zira Co. reports the following production budget for the next four months. Production (units) April 572 May 600 June 606 July 586 Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 686 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate...
Zira Co. reports the following production budget for the next four months. Production (units) April 544 May 585 June 577 July 557 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 816 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate...
Zira Co. reports the following production budget for the next four months. Production (units) April 714 May 755 June 747 July 727 Each finished unit requires six pounds of raw materials and the company wants to end each month with raw materials Inventory equal to 30% of next month's production needs. Beginning raw materials Inventory for April was 1,285 pounds. Assume direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June. (Round your Intermediate...
Zira Co. reports the following production budget for the next four months. Production (units) April 624 May 665 June 657 July 637 Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 749 pounds. Assume direct materials cost $3 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate...
Zira Co. reports the following production budget for the next four months. Production (units) April 662 May 690 June 696 July 676 Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 794 pounds. Assume direct materials cost $6 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate...
Exercise 07-4 Manufacturing: Direct materials budget LO P1 Zira Co. reports the following production budget for the next four months April 536 Production (units) May 590 June 568 July 548 Each finished unit requires six pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 965 pounds. Assume direct materials cost $4 per pound Prepare a direct materials budget...
A pension fund manager decides to invest a total of at most $25 million in U.S. Treasury bonds paying 6% annual interest and in mutual funds paying 9% annual interest. He plans to invest at least $5 milion in bonds and at least $10 million in mutual funds. Bonds have an initial fee of $100 per million dollars, while the fee for mutual funds is $200 per million. The fund manager is allowed to spend no more than $4000 on...
Zira Co. reports the following production budget for the next four months. Production (units) April 694 May 735 Dune 727 July 7e Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 833 pounds. Assume direct materials cost $4 per pound Prepare a direct materials budget for April, May, and June (Round your intermediate...