A merchant plans to sell two models of MP3 players at costs of $250 and $300. The $250 model yields a profit of $25 per unit and the $300 model yields a profit of $40 per unit. The merchant estimates that the total monthly demand will not exceed 260 units. The merchant does not want to invest more than $70,500 in inventory for these products. What is the optimal inventory level for each model

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Which of the following has the largest impact on opportunity cost