51. Wright Manufacturing makes picnic tables in three sizes: small, medium, and large. The picnic tables can be sold with or without a finishing stain. The following information is available for each table:
Small
Medium
Large
Initial sales price
$60
$100
$175
Initial cost
20
40
55
Sales price after staining
70
125
210
Cost of staining
11
15
20
Number sold per month
100
300
175
Refer to the Wright Manufacturing information above. Which table(s) should be processed further? A. Small and medium tablesB. Medium and large tablesC. Large tablesD. Small, medium, and large tables
52. Wright Manufacturing makes picnic tables in three sizes: small, medium, and large. The picnic tables can be sold with or without a finishing stain. The following information is available for each table:
Small
Medium
Large
Initial sales price
$60
$100
$175
Initial cost
20
40
55
Sales price after staining
70
125
210
Cost of staining
11
15
20
Number sold per month
100
300
175
Refer to the Wright Manufacturing information above. What is the maximum amount that net income could increase each month with further processing? A. $81,125B. $ 5,525C. $82,125D. $ 5,625
53. Joyner Products makes cedar garden benches in three sizes: small, medium, and large. Joyner sells the benches to local retailers. The benches can be sold with or without assembly. The following information is available for each table:
Small
Medium
Large
Initial sales price
$90
$150
$250
Initial cost
30
45
70
Sales price after assembly
110
180
260
Cost of assembly
15
20
25
Number sold per month
120
350
150
Refer to the Joyner Products information above. Which bench(es) should be assembled before they are sold to retailers? A. Small and mediumB. Medium and largeC. Small and largeD. Small, medium, and large
54. Joyner Products makes cedar garden benches in three sizes: small, medium, and large. Joyner sells the benches to local retailers. The benches can be sold with or without assembly. The following information is available for each table:
Small
Medium
Large
Initial sales price
$90
$150
$250
Initial cost
30
45
70
Sales price after assembly
110
180
260
Cost of assembly
15
20
25
Number sold per month
120
350
150
Refer to the Joyner Products information above. What is the maximum amount that net income could increase each month with further processing? A. $14,400B. $ 1,850C. $ 4,100D. $ 6,350
55. Serenity Garden Inc. produces and sells a variety of garden accessories. One of the product lines the company makes is unpainted gnome statues that come in three sizes: small, medium, and large. The company is considering painting the gnomes. The following information is available regarding unpainted and painted gnomes:
Small
Medium
Large
Initial sales price
$40
$60
$80
Initial cost
15
20
23
Sales price after painting
47
70
95
Cost of painting
8
9
11
Number sold per year
500
1,000
400
Refer to the Serenity Garden Inc. information above. Which gnomes, if any, should be painted? A. Small, medium, and largeB. Medium and largeC. Small and mediumD. None should be painted.
56. Serenity Garden Inc. produces and sells a variety of garden accessories. One of the product lines the company makes is unpainted gnome statues that come in three sizes: small, medium, and large. The company is considering painting the gnomes. The following information is available regarding unpainted and painted gnomes:
Small
Medium
Large
Initial sales price
$40
$60
$80
Initial cost
15
20
23
Sales price after painting
47
70
95
Cost of painting
8
9
11
Number sold per year
500
1,000
400
Refer to the Serenity Garden Inc. information above. What is the maximum amount that net income could increase each year with further processing? A. $2,100B. $2,600C. $7,600D. $1,600
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