Question: 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

Consider the following information for Covolo Diving Gear:
MACHINE LABOR GAUGE PRODUCT HOURS HOURS SET MIX PER UNIT PER UNIT 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?

MACHINE LABOR GAUGE PRODUCT HOURS HOURS SET MIX PER UNIT PER UNIT A20 60% 0.20 0.15 B30 15% 0.35 0.10 C40 25% 0.25 0.12

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