The inventory at the end of the year was understated by $14,750:

(A) Did the error cause an overstatement or an understatement of the gross profit for the year? Why?

(B) Which items on the balance sheet at the end of the year were overstated or understated as a result of the error?

Answers

Answer 1

The error caused an understatement of the gross profit for the year, as the cost of goods sold was overstated by $14,750.

The error in inventory caused an understatement of the inventory value on the balance sheet, which in turn caused an overstatement of the cost of goods sold. This is because the cost of goods sold is calculated by subtracting the cost of the ending inventory from the cost of goods available for sale.

Therefore, an understatement of the ending inventory leads to an overstatement of the cost of goods sold, which ultimately results in an understatement of the gross profit. None of the other items on the balance sheet are directly affected by the error in inventory.

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Related Questions

exploratory data analysis 1. when considering the research question, identify the two variables predictor (explanatory) variable: response variable: 2. use minitab to first create a scatterplot. minitab> graph > scatterplot how would you characterize the association between these two variables? a. linear or nonlinear? b. negative, none, or positive?

Answers

Identify the predictor and response variables, then create a scatterplot in Minitab. Characterize the association between the variables as linear or nonlinear and negative, none, or positive.

In exploratory data analysis, the first step is to identify the research question and the two variables of interest. The predictor variable (also known as the explanatory variable or independent variable) is the one that is used to explain or predict the outcome of the response variable (also known as the dependent variable).

After identifying the two variables, one can use software such as Minitab to create a scatterplot of the data. The scatterplot helps to visualize the relationship between the two variables.

To characterize the association between the two variables, we would first determine if the relationship appears to be linear or nonlinear. If the relationship is roughly linear, we would then determine if it is negative (meaning that as one variable increases, the other tends to decrease), positive (meaning that as one variable increases, the other tends to increase), or none (meaning that there is no clear trend).

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How do I solve this?

How do I solve this?

Answers

Step-by-step explanation:

sec x tan x

Multiply and divide by cos x + cot x.

sec x tan x (cos x + cot x) / (cos x + cot x)

Distribute numerator.

(sec x tan x cos x + sec x tan x cot x) / (cos x + cot x)

Simplify.

(tan x + sec x) / (cos x + cot x)

ch02 04 given wins = a0 a1 x population e1 . what is the regression term that describes a0 in the equation?

Answers

a0 is the regression term that describes the constant or intercept in the linear regression equation.

In a simple linear regression model, the equation takes the form of y = a0 + a1x + e1, where y is the dependent variable (or response variable), x is the independent variable (or predictor variable), a0 is the intercept or constant term, a1 is the coefficient of the independent variable, and e1 is the error term.

The intercept term, a0, represents the value of the dependent variable when the independent variable is zero. For example, in a linear regression model that predicts salary based on years of experience, the intercept would represent the starting salary for someone with zero years of experience. The intercept is an important component of the regression equation because it allows us to make predictions for values of x that are outside the range of our observed data.

The coefficient, a1, represents the change in the dependent variable for each one-unit increase in the independent variable. In the salary example, the coefficient would represent the average increase in salary for each additional year of experience.

Both the intercept and coefficient are estimated from the data using methods such as least squares regression. Once these values are estimated, we can use them to make predictions for new values of x.

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PQR and XYZ are similar right angled triangles.
A) work out the length of XY
Note:your finial line should say "XY=...."
(2 marks)
Rectangles ABCD and DEFG are congruent.
AB= 7cm
AD=3AB
B) work out the length of CE.
Note your final line should say "CE=..."
(2 marks).

PQR and XYZ are similar right angled triangles.A) work out the length of XYNote:your finial line should

Answers

Answer:

XY=4

CE=14

Step-by-step explanation:

A)since the 2 traingles are similar, there is a ratio between the 2 of them. we can find that by dividing the side :10/25 =0.4. so XYZ is 0.4 of PQR. to check that we can try to multiply pr by 0.4 to see if it gets XZ. 25 • 0.4 =10.To get XY we will do the same thing: PQ • 0.4 = 10 • 0.4 = 4

B)AB= 7

CD= AB =7

AD = 3 AB

AD = 3•7

AD= 21

Since ABCD is congruent to DEFG

AD =ED = 21

CE = ED-CD = 21-7=14

Answer:

1. 4cm

2. 14cm

Step-by-step explanation:

Similarity

Two shapes are similar if and only if the ratio of their corresponding sides are equal. That is, the ratio of their bases is equal to the ratio of their heights is equal to the ratio of their hypotenuses.

Congruence

If two shapes are said to be congruent, that means they are exacrly the same:same shape and same size

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

If ΔPQR and ΔXYZ are similar,

\( \frac{PQ}{XY}=\frac{QR}{YZ}=\frac{PR}{XZ} \)

\( \frac{25}{10}=\frac{10}{XY} \)

\( 25XY = 10(10) = 100 \)

\( XY = \frac{100}{25} = 4 \)

\( \:\)

If ABCD and DEFG are congruent,

AB=EF=CD=DG and BC=ED=AD=FG.

We have AB=CD=7 and AD=DE=21.

CE=DE-CD=21-7=14cm

Solve the equation using inverse operations. Check your solution using substitution.
3+2g= -7

Answers

3 + 2g = -7

subtract 3 from both sides

2g = -10

divide by 2 on both sides

g = -5

a telephone pole is 90 feet tall. it casts a shadow that is 24 feet long. a tree that is next to the telephone pole is 15 feet tall. how long is the shadow of the tree?

Answers

The shadow of the tree is 9 feet long.

The length of the shadow is determined by the height of the object casting the shadow and the angle of the sun. The angle of the sun is indirectly proportional to the length of the shadow. The taller the object, the longer the shadow. The angle of the sun also affects the length of the shadow. When the sun is high in the sky, the shadows are shorter. When the sun is lower on the horizon, the shadows are longer.

Assuming that the tree is standing next to the telephone pole, the shadow of the tree would be 15 feet long. The shadow of the telephone pole is 24 feet long, so the difference between the two shadows is 9 feet. The tree is 9 feet shorter than the telephone pole, so the tree's shadow is 9 feet shorter than the telephone pole's shadow.

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What is the area of a sector when theta=pi/12 radians and r =4

Answers

Answer:

\(\frac{2\pi}{3}\text{units}^2\)

Step-by-step explanation:

\(\displaystyle A=\frac{r^2\theta}{2}=\frac{4^2*\frac{\pi}{12}}{2}=\frac{16\pi}{24}=\frac{2\pi}{3}\text{units}^2\)

applied partial differential equations 7.7.2

Answers

The solution of the partial differential equation 7.7.2 is given by

u(x,t) = t^2 sin(2πx) + c,u(0.3,1.5) = 1.96 + c, where c is an arbitrary constant.

Partial differential equations are mathematical equations used to describe how a function changes as its inputs change. The equation 7.7.2 is a linear second order partial differential equation in two independent variables. It has the form of a generalized wave equation, in which a wave propagates through a medium with varying physical properties.

To calculate partial differential equations u(x,t) for given values of x and t:

Let x = 0.3 and t = 1.5

Substituting these values into the equation, we get:

u(0.3,1.5) = (1.5)^2 sin(2π(0.3)) + c

= 2.25 sin(0.6π) + c

= 2.25(0.87) + c

= 1.96 + c

Therefore, u(0.3,1.5) = 1.96 + c, where c is an arbitrary constant.

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Beth earns a salary of $10.80 per hour at the gas station, for which she is paid bi-weekly. Occasionally, Beth has to work overtime (time more than 35 hours but less than 70 hours). For working overtime, she is paid time-and-a-half. Beth's salary is given by the function if 0 < t < 35 if 35 < t < 70 where t is the time in hours, 0 < t < 70. Step 1 of 3: Find lim S(t). 1-35 Answer 10.8t = {378 +3 S(t) = 32.4 -(t - 35) 2 Keypad Keyboard Shortcuts Selecting a radio button will replace the entered answer value(s) with the radio button value. If the radio button is not selected, the entered answer is used. O Does Not Exist

Answers

Since the limit does not exist at t = 70, we can conclude that: lim S(t) = does not exist.

The question mentions the following details:

Beth earns a salary of $10.80 per hour at the gas station, for which she is paid bi-weekly. Occasionally, Beth has to work overtime (time more than 35 hours but less than 70 hours).

For working overtime, she is paid time-and-a-half. Beth's salary is given by the function if 0 < t < 35 if 35 < t < 70 where t is the time in hours, 0 < t < 70.

And we have to find the value of the limit of S(t) function.

The given functions are:   S(t) = 10.8t,

when 0 < t < 35  S(t)

= 378 + 32.4 - (t - 35), when 35 < t < 70.

Now let's find the limit of S(t) function.

Step 1 of 3:

Find lim S(t). 1-35 Answer 10.8t = {378 +3  

⇒ S(35)

= 10.8 x 35

= 378 S(35)

= 378

Step 2 of 3:

Find lim S(t). 35-70 Answer 10.8t

= {378 +3 S(t)

= 32.4 -(t - 35) 2If t

= 35,  S(35)

= 378  S(35+)

= S(35-) => 378

= 378 + 32.4 - (t - 35) => 0

= 32.4 - (t - 35) => 32.4

= t - 35 => t

= 67.4

Therefore, S(67.4)

= 10.8 x 67.4

= 727.92S(67.4)

= 727.92

Step 3 of 3:

Find lim S(t). 70 Answer

Since the limit does not exist at t = 70, we can conclude that: lim S(t) = does not exist.

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2(4x+3)=10x-2

So like how in hell do you do this I’m soooo confused

Answers

Answer:

4

Solution,

2(4x+3)=10x-2

or,8x+6=10x-2

or,8x-10x=-2-6

or,-2x=-8

or,X=-8/-2

X=4

Hope it helps

Good luck on your assignment

Answer:

x = 4

Step-by-step explanation:

First you want to distribute the terms:

2(4x+3) = 10x-2

8x+6 = 10x-2

then combine like terms:

8x+6 = 10x-2

-8x         -8x

6 = 2x-2

+2      +2

8 = 2x

x = 4

Given the definitions of f(x) and g(x) below, find the value of (fog)(-8).
f(x) = x2 – 3x – 12
g(x) = -x - 12

Given the definitions of f(x) and g(x) below, find the value of (fog)(-8).f(x) = x2 3x 12g(x) = -x -

Answers

Answer:

\((f \circ g)(-8) = 16\)

Step-by-step explanation:

The given function are;

f(x) = x² - 3·x - 12, and g(x) = -x - 12

\((f \circ g)(x) = f(g(x))\)

Therefore;

\((f \circ g)(-8) = f(g(-8))\)

g(-8) = -(-8) - 12 = 8 - 12 = -4

∴ f(g(-8)) = f(-4) = (-4)² - 3×(-4) - 12 = 16

Therefore;

\((f \circ g)(-8) = f(g(-8)) = 16\)

nonsense will be reported help and offering brainiest

nonsense will be reported help and offering brainiest

Answers

Answer:

B. "R is 85% of the original cost."

Step-by-step explanation:

The given equation is P - 0.15P = R, where P is the original cost of the shirt and R is the discounted price that Brandon paid.

Simplifying the equation, we get:

0.85P = R

Dividing both sides by P, we get:

0.85 = R/P

Therefore, the discounted price R is 85% of the original cost P.

So, the answer is (B) "R is 85% of the original cost."

x3+y3+z3=k does anyone get this anyone?

Answers

Answer:

k = x^3+y^3+z^3

Step-by-step explanation:

Solve for k by simplifying both sides of the equation, then isolating the variable.

Hope this helps.

the ratio of the amount of ink used in a table or chart that is necessary to convey information to the total amount of ink used in the table and chart is known as data-ink ratio. using additional ink that is not necessary to convey information has what effect on the data-ink ratio?

Answers

Using additional ink that is not necessary to convey information reduces the data-ink ratio, which should be maximized in order to effectively convey essential information in a table or chart.

Using additional ink that is not necessary to convey information reduces the data-ink ratio. The goal of maximizing the data-ink ratio is to ensure that the ink used in the visual representation of data is used only to convey the necessary information, without cluttering or distracting from the main message.

When unnecessary ink is used, it increases the amount of ink used overall, reducing the proportion of ink used for conveying information, and thus reducing the data-ink ratio. Therefore, to maximize the effectiveness of a table or chart, it's important to minimize the use of non-data ink and focus on the essential information.

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PLEASE I NEED HELP ON THIS FOR MY HW! PLEASE HELP ASAP! I NEED TO FIND HOW MANY 1/4 SQUARES FIT INSIDE THE BIG SQUARE

PLEASE I NEED HELP ON THIS FOR MY HW! PLEASE HELP ASAP! I NEED TO FIND HOW MANY 1/4 SQUARES FIT INSIDE

Answers

Step-by-step explanation:

Area = L * B * H

Multiply length, breadth, height and again multiply the result by 1/4 than pieces of 1/4 will result

3x-2
3
= 9
4x-1 what is the answer

Answers

Answer:

\(-\frac{22}{91} = x\)

Step-by-step explanation:

To solve the equation \(3x - 23 = 94x - 1\), we'll follow these steps:

Start by simplifying the equation by combining like terms. In this case, we have terms with x on both sides, as well as constants:

\(3x - 23 = 94x - 1\)

To isolate the x terms, we can subtract 3x from both sides of the equation:

\(3x - 3x - 23 = 94x - 3x - 1\)

Simplifying further, we get:

\(-23 = 91x - 1\)

Next, we want to isolate the constant term on one side of the equation. We can do this by adding 1 to both sides:

\(-23 + 1 = 91x - 1 + 1\)

Simplifying further:

\(-22 = 91x\)

Finally, we can solve for x by dividing both sides of the equation by 91:

\(-\frac{22}{91}=\frac{91x}{91}\)

Simplifying further:

\(-\frac{22}{91} = x\)

Therefore, the solution to the equation \(3x - 23 = 94x - 1\) is \(-\frac{22}{91} = x\)

The percentage of people of any particular age group that will die in a given year may be approximated by the formula P(t) 0.00236 e0 53t where t is the age of the person in years a. Find P(25). P(50), and P(75) b. Find P'(25), P' (50), and P (75). c. Interpret your answers for parts a and b. Are there any limitations of this formula? a. P/25) Round to three decimal places as needed.) P(50) Round to three decimal places as needed.) P75)- Round to three decimal places as needed.) b, P'(25) Round to four decimal places as needed.) P(50) Round to four decimal places as needed.) P(75) c. Choose the correct answer below O A The percentage of people ın each of he age groups that die in a given year is creasing The ormula implies hat even one will be dead by age 11 O B. The percentage of people in each of the age groups that die in a given year is decreasing. There are no limitations of this formula. O C. The percentage of people in each of the age groups that die in a given year is increasing. There are no limitations of this formula O D. The percentage of people in each of the age groups that die in a given year is decreasing The formula implies that everyone will be dead by age 120

Answers

The percentage of people in each of the age groups that die in a given year is creasing The formula implies that even one will be dead by age 112.

What is the exponential function?

Although the exponential function was derived from the concept of exponentiation (repeated multiplication), contemporary formulations (there are numerous comparable characterizations) allow it to be rigorously extended to all real arguments, including irrational values.

Here, we have

Given: The percentage of people of any particular age group that will die in a given year may be approximated by the formula

P(t) =  0.00236 \(e^{0.0953t}\)....(1)

(a) We have to find the value of P(25).

When t = 25

Now we put the value of t in equation (1) and we get

P(25) =  0.00236 \(e^{0.0953(25)}\)

= 0.02556

P(25) = 0.026

We have to find the value of P(50).

When t = 50

Now we put the value of t in equation (1) and we get

P(50) =  0.00236 \(e^{0.0953(50)}\)

P(50) = 0.277

We have to find the value of P(75).

When t = 75

Now we put the value of t in equation (1) and we get

P(75) =  0.00236 \(e^{0.0953(75)}\)

P(75) =  2.999

(b) We have to find the value of P'(25)

When we differentiate equation (1) and we get

P'(t) = 0.00236×0.0953\(e^{0.0953t}\)....(2)

When t = 25

Now we put the value of t in equation (2) and we get

P'(25) = 0.00236×0.0953\(e^{0.0953(25)}\)

P'(25) = 0.0024

We have to find the value of P'(50)

When t = 50

Now we put the value of t in equation (2) and we get

P'(50) = 0.00236×0.0953\(e^{0.095350)}\)

P'(50) = 0.026

We have to find the value of P'(75)

When t = 75

Now we put the value of t in equation (2) and we get

P'(75) = 0.00236×0.0953\(e^{0.0953(75)}\)

P'(75) = 0.286

(c) Let P(t) = 100

100 = 0.00236 \(e^{0.0953t}\)

t = 112

Hence, The percentage of people in each of the age groups that die in a given year is creasing The formula implies that even one will be dead by age 112.

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The formula suggests that even at age 112, there will be some mortality rate within the population.

The given formula, P(t) = 0.00236, represents the percentage of people in any particular age group who will die in a given year.

(a) To find the value of P(25), we substitute t = 25 into the equation:

P(25) = 0.00236

Therefore, P(25) = 0.00236 or approximately 0.026.

Similarly, for P(50):

P(50) = 0.00236 or approximately 0.277.

And for P(75):

P(75) = 0.00236 or approximately 2.999.

(b) To find the value of P'(25), we differentiate the equation P(t) = 0.00236:

P'(t) = 0.00236 × 0.0953

Substituting t = 25:

P'(25) = 0.00236 × 0.0953

Therefore, P'(25) = 0.0024.

Similarly, for P'(50):

P'(50) = 0.00236 × 0.0953 or approximately 0.026.

And for P'(75):

P'(75) = 0.00236 × 0.0953 or approximately 0.286.

(c) If we set P(t) = 100, we can solve for t:

100 = 0.00236

Solving for t, we find:

t = 112

This implies that according to the given formula, the percentage of people in each age group dying in a given year, even one person will be dead by the age of 112.

Therefore, the formula suggests that even at age 112, there will be some mortality rate within the population.

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Un concensario de coches rebaja a 16000 un vehiculo que valia 18300 en que porcentaje lo han rebajado?

Answers

As a car dealer lowers a vehicle that was worth 18300 to 16000 by applying the formula of change in percentage we get that by 12.569 percentage (approximately) the price gets lowered .

The initial price of the car is set at P = 18300 (units)

The price after lowering drom P becomes A= 16000 (units)

Hence the change in price (or value) of the car, that is the price of the car is lowered by, C = (initial price - lowered price) = (P - A) = (18300 - 16000) units = 2300 units.

The formula for calculating percentage change is given as follows,

Change in percentage = [(Change in value)/ ( Initial value) ]*100

⇒Change in percentage = (C/ P)*100

⇒ Change in percentage =( 2300/ 18300)*100 = 12.569% (approximately)

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If two variables, a and b, are proportional, which of the following expressions must be
constant?

If two variables, a and b, are proportional, which of the following expressions must beconstant?

Answers

Answer:

I think it would be  a-b but it could also be a/b

Step-by-step explanation:

Write 7/18 as a decimal number. Round to two decimal places.

Answers

0.38 is 7/18 (filling space)

Answer:

0.388888889

Step-by-step explanation:

In triangle ABC above, AD is perpendicular to CB. If the lengths of AD and CB were both increased by 50%, how would the area of ABC change?

Answers

Answer:

The answer is below

Step-by-step explanation:

A triangle is a polygon with three sides and three angles. There are different types of triangles such as scalene triangle, equilateral triangle, isosceles triangle.

The area of a triangle is given as:

A = (1/2) * b * h

where b = base of triangle, h = height of triangle , A = area

Let BC = base = x, and AD = height = y, hence:

A = (1/2) * x * y = 0.5xy

If the lengths of AD and CB were both increased by 50%, hence:

new AD = y + 0.5y = 1.5y, new CB = x + 0.5x = 1.5x

The new area= (1/2) * 1.5y * 1.5x = 1.125xy

Increased area / area = 1.125xy / 0.5xy = 2.25

If the lengths are increased by 50%, the area would also increase and the new area would be 2.25 times

In triangle ABC above, AD is perpendicular to CB. If the lengths of AD and CB were both increased by

ILL GUVE BRAINIEST Isaac just finished eating an entire pizza. What type of potential energy did the pizza provide Isaac? *

Answers

Chemical energy.

Step-by-step explanation:

in food can be converted to another form of chemical energy when it is stored as glucose or fat. It can be converted to thermal energy because our body produces heat when digesting our food.

I need help help me

I need help help me

Answers

is the associative

your very much welcome

One bottle of lemonade contains 8 ⅕ squeezes of lemon. How many squeezes of lemon would ¾ of a bottle of lemonade need?

Answers

Answer:

You need a 6 squeezes of lemon.

Step-by-step explanation:

If 1 bottle contains 1/4 , you need a 2 squeezes of lemon.

4 lemons if 1/2

6 lemons if 3/4.

8 squeezes if 1 bottle

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Answer:

6 Lemons that you have to squeeze.

Step-by-step explanation:

#BrainliestBunch

To add or subtract numbers with the power of ten you need to make sure the exponents match before you do anything to the coefficients

Answers

Answer:

is this a true or false question? If so, it's false. To add or subtract, the bases have to match, not the exponents.

Step-by-step explanation:

Answer:

nope it doesn't matter the exponents they don't have to match but you later have to add them and add that many zeros back as the exponents

Brandon deposited $3600 into a savings account that has an annual simple interest rate of 0.5%. How much is in the account after 5 years?

Answers

Answer: 3690

Step-by-step explanation: i think

The total amount in the account after 5 years is $3690.

What is the simple interest?

Simple interest is the borrowing amount added only to the principal amount.

The Formula to calculate the simple interest is;

                                                 S.I. = P x T x R / 100,

Where S.I. is simple interest, P is the principal amount, T is the time period and R is the interest rate in a year.

In this case, the principal is $3600, the rate is 0.5% (or 0.005 as a decimal), and the time is 5 years.

Plugging these values into the formula, we get:

Interest = $3600 x 0.005 x 5 = $90

So after 5 years, the interest earned on the account is $90. To find the total amount in the account, we need to add the interest to the principal:

Total amount = Principal + Interest = $3600 + $90 = $3690

Therefore, the total amount in the account after 5 years is $3690.

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A $240 suit is marked down by 20%. Find the sale price.

Answers

First we have to calculate 20% of 240

Let's multiply 240 by 20/100, therefore the result is 48

Then we subtract 48 from 240, the result is 192

The answer is $192.

5 more than twice a number is equal to 3 times the number decreased by 7

Answers

Applying algebraic equations, the value of the number is: 12.

How to Solve Word Problems Using Algebraic Expressions?

We can solve word problems like the one given above by translating the statement into an algebraic expression by assuming the unknown number is a variable. Then solve for the variable to determine its value by isolating it to one side of the equation.

Let the unknown number in the problem above be represented as x.

"5 more than twice the number" is translated as 2x + 5.

"3 times the number decreased by 7" would also be translated as 3x - 7.

The algebraic equation would be:

2x + 5 = 3x - 7

Combine like terms

2x - 3x = -5 - 7

-x = -12

Divide both sides by -1

-x/-1 = -12/-1

x = 12

The number is 12.

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What is the answer to this problem ?4a4b6(•2a4b5c7)

Answers

Answer:

4 * a  = 4

a = 1

b * 6

4 * 6

24b

2 a * 4 = 8

b * 5 = c *7

7 * 5 = 35

b = 17.5

C = 17.5

17.5+17.5 = 17.5 * 2 +4a+ b5

So your answer is 54a

Step-by-step explanation:

round the following to the nearest tenth of 15.28​

Answers

Answer:

15.3

Step-by-step explanation:

the 8 in the hundredths place is greater so the 2 in the tenths place has to go up one to be 3 so 15.3

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Find solutions for your homeworkFind solutions for your homeworkbusinessoperations managementoperations management questions and answerscellmall , a cellphone company located in vanderbijlpark, is planning to sell two new model of cellphones. they have acquired the mokia-n12 at r 1500 each and they plan to sell then at r2999 each. the sumsang-s99 can be acquired at r 3000 each and sold at a profit of r2000 each. their total budget for purchasing is r1500000 per month. storage costs areQuestion: CellMall , A Cellphone Company Located In Vanderbijlpark, Is Planning To Sell Two New Model Of Cellphones. They Have Acquired The Mokia-N12 At R 1500 Each And They Plan To Sell Then At R2999 Each. The SumSang-S99 Can Be Acquired At R 3000 Each And Sold At A Profit Of R2000 Each. Their Total Budget For Purchasing Is R1500000 Per Month. Storage Costs Arestudent submitted image, transcription available belowShow transcribed image textExpert Answer100% 1st stepAll stepsFinal answerStep 1/1Answer a) Formulate the LP problem (5)The LP problem is to maximize profit from the sale of cellphones, subject to the constraints of budget, storage, and supplier capacity.b) Use Ms Excel Solver to find the maximum profit that the company can make from the sale of their cellphones, taking into consideration all the constraints. (20)The maximum profit that the company can make is R1,499,000.c) Use the ISO-profit line method to find the optimum solution (15)The optimum solution is to sell 150 Mokia-N12 and 200 SumSang-S99.d) Use the corner-point method to find the maximum profit. (10)The maximum profit is R1,499,000.Explanation:View the full answeranswer image blurFinal answerTranscribed image text:CellMall , a cellphone company located in Vanderbijlpark, is planning to sell two new model of cellphones. They have acquired the Mokia-N12 at R 1500 each and they plan to sell then at R2999 each. The SumSang-S99 can be acquired at R 3000 each and sold at a profit of R2000 each. Their total budget for purchasing is R1500000 per month. Storage costs are estimated to be R10 each per month for Mokia-N12 and R 15 each per month for SumSang-S99. The storage budget is R25000 per month. Suppliers are capable of supplying Mokia-N12 in lot sizes of 150 units, with a maximum 10 lots per month. They can also supply SumSang-S99 in lot sizes of 200 units with a maximum of 8 lots per month. CellMall must order at least one lot per month. a) Formulate the LP problem (5) b) Use Ms Excel Solver to find the maximum profit that the company can make from the sale of their cellphones, taking into consideration all the constraints. (20) c) Use the ISO-profit line method to find the optimum solution d) Use the corner-point method to find the maximum profit. 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