A furniture manufacturer makes two kinds of furniture chairs and sofas. The production process has three operations: carpentry, finishing, and upholstery. The labor required for each operation varies. To manufacture a chair requires 6-hours of carpentry, 1-hour of finishing, and 2-hours of upholstery. To manufacture a sofa requires 3-hours of carpentry, 1-hour of finishing, and 6-hours of upholstery. Due to limited availability of skill, on each day, we have available 96-hours of carpentry labor, 18-hours of finishing labor and 72-hours of upholstery labor. We make $80 profit per chair, and $70 profit per sofa. How many chairs and sofas we should manufacture per day to maximize profit? Show work (don't just email two numbers). A soup manufacturer sells 16oz cans of soup. They would like to minimize the amount of metal used in the construction of the can. What are the dimensions of a 16oz can that uses the least amount of metal? Show work.

Fred smithers, a recent college graduate decided to open his own portable juice bar, smithers smoothies, to wheel around newport beach. you, a trusted friend of fred, are a business major that has also recently graduated and agreed to handle the books for a while to get some practical experience and have a favor that you can ask of fred in the future. given the following five transactions concerning the new venture, prepare the necessary journal entries for the transactions, post the journal entries to appropriate t accounts and prepare a trial balance as of the end of the month in order to answer to the necessary may 2: fred invests $12,000 of his own money to start the new company. this money was obtained from a part-time job working at a legal firm while he was in school. may 3: fred spent $5,100 cash to purchase a refrigerated trailer that he can pull behind his car and set up at the beach. under your advice, fred agrees to place the new asset under an account called "equipment." may 6: fred bought $640 of supplies on account from the flav-o-rite confectioners company. because they will last longer than a single accounting period fred agrees to record them as, "supplies" as per your suggestion. may 13: fred sat on the beach for six hours without a single sale and was feeling very down. right before he left, however, a plumber escorting his family reunion along the beach stopped by his stand and bought $800 worth of smoothies for the entire family. under your advice, fred agrees to call this cash revenue, "sales." may 15: excited about his new venture, fred withdraws $350 from the company to take his girlfriend out to dinner. what would be the balance in the cash account at the end of the period following the posting of all the transactions?