Consider the following information for Covolo Diving Gear: a. Calculate weighted planning values for machine hours and

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Consider the following information for Covolo Diving Gear:
a. Calculate weighted planning values for machine hours and labor hours per gauge set. Interpret these planning values.
b. Recalculate the weighted planning values based on a new product mix of 45%, 30%, and 25% for the A20, B30, and C40 sets, respectively. What happened?

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