Question: This is a Three part problem. HOWEVER, I got part A right (7,720). The computer recorded A as the right answer. I need help on

This is a Three part problem. HOWEVER, I got part A right (7,720). The computer recorded A as the right answer. I need help on part B and C.

Please show all work. Especially on how to get optimal production.

This is a Three part problem. HOWEVER, I got part A right(7,720). The computer recorded A as the right answer. I need help

yalue: Glocker Company makes three pmchcts in a single facility. These products have the following unit product costs: Product A B {3 Direct mateals 5 34.20 iii 50.?0 95 5?.10 Direct labor $ 21.60 5 24.20 $ 15.00 'ul'an'able manufactun'ng overhead 5 1.40 3'5 0.30 5 0.?0 Fixed manufacturing overhead 11.30 6.90 150 Unit pmduct cost $50.50 $32.60 $80.30 Additional data concerning these products are listed below. Mixing minutes per unit 1.40 1.00 0.20 Seling price per unit i T200 :5 04.40 $ 8?.90 'ul'an'able seling cost per unit 5 2.00 3'5 2.50 $ 2.30 Monthly demand in units 2,200 $200 2,200 The mixing machines are potentialy the constraint in the production facility. A total of 1620 minutes are available per month on these machines. Direct labor is a 1llariable cost in this company. Required: a. HOW many minutes of nixing machine time wwld be required to satisfy demand for all three products? j! b. HOW much of each product should be prochced to maximize net operating income? {Round your intennediate calculations to 2 decinal places and nal answers to the nearest Ill'role number.] ! Optimal pmduction i i | c. Up to haw much should the company be willing te pa}! for ene adcitinnal hour of mixing machine time if the Dompanyr has made the best use of the existing mixing machine capacity? {Raund your answer to 2 decimal places.]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!