Question: please put on a word document if possible. THANK YOU!! A company produces a product in its manufacturing facility. Each unit of product requires 3.20
please put on a word document if possible. THANK YOU!!
A company produces a product in its manufacturing facility. Each unit of product requires 3.20 minutes of manufacturing time. The facility operates 240 regular operating days per year plus 95 overtime operating days per year. Under regular operating days, the unit variable cost is $61 and the yearly fixed cost is $2,340.000. An overtime operating day increases the unit variable cost by $24 per unit but it does not have any fixed costs. The company sells the product for $173 per unit. Assume that the facility can be used for manufacturing up to 7 hours per day. What is the yearly operating income if the yearly demand for the product is: [a] 28,000 units? [b] 53,000 units? c) 42,000 units? This is an individual assignment. You must submit a brief report using Microsoft Word explaining your calculation steps. Only organized and clean report will get credit
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