RHO Company began its operations on January 1 and produces a single product that sells for $10.25 per unit. The standard capacity is 80,000 units per year. The 80,000 units were produced, and 70,000 units were sold during the year. Manufacturing costs and selling and administrative expenses follow:
Fixed Costs
Variable Costs
Raw materials--
$2.50 per unit produced
Direct labor
--
1.50 per unit produced
Factory overhead
$120,000
1.00 per unit produced
Selling and administrative
80,000
.50 per unit sold
What is the standard cost of manufacturing a unit of product?
a.$6.00
b.$6.50
c.$5.00
d.$5.50

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

Which two of the following are benefits of consumer programs

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?