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Produces seat covers for automobiles

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TIM Manufacturing Company produces seat covers for automobiles. There are two models: Custom and Standard. The covers are sold in two, states, Texas and Arizona. Three materials are used, designated as A, B, C. There are two producing departments--Cutting and Finishing. The following profit plan estimates have been made for the coming year, 19X7.

1. Sales plan--Custom 10,000 in Texas, 4,000 in Arizona; Standard 30,000 in Texas, 10,000 in Arizona. Sales prices to retailers---Custom $15; Standard $12.

 

2. Inventories (FIFO):

Reference no: EM13754977

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