Ajax Company produces three products, A, B, and C, using materials X and Y. Material X costs

Question:

Ajax Company produces three products, A, B, and C, using materials X and Y. Material X costs $3 per ton and Y costs $4 per ton. The amount of materials required per ton of product and the required weight per ton of product are as follows:

Required:
Using the graphic method, determine the number of tons of each material needed to meet the requirements at minimum cost.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

See More Books

Question Posted: May 03, 2016 05:52 AM

See More Questions

Walshs Juice Company produces three products from unprocessed grape juicebottled juice, frozen juice concentrate, and jelly. It purchases grape juice from three vineyards near the Great Lakes. The...
A forecast of 240 units in January, 320 units in February and 240 units in March has been approved for the seismic-sensory product family manufactured at the Rockport facility of Maryland Automated,...
(a) Generate the material requirements. You need a BOM for each of the three products (A, B, and C), beginning inventory levels, and scheduled receipts. The BOMs are shown in Figure. All items use...
Under what circumstances can partners with passive losses from partnerships deduct their passive losses?
When a .22-caliber rifle is fired, the expanding gas from the burning gunpowder creates a pressure behind the bullet. This pressure causes the force that pushes the bullet through the barrel. The...
2. For each of the following situations, identify one or more constitutional amendments, laws, or executive orders that might apply. (LO 3-2) a. A veteran of the Iraqi conflict experiences lower-back...
3. On January 1, 2018, Sun sold plant assets to Pam for $60,000. These assets had a book value of $40,000 on that date and are being depreciated by Pam over five years.
You are creating a customer database for the Lehigh Valley IronPigs minor league baseball team. Draw a project network given the information below. Complete the forward and backward pass, compute...
Highlight the key differences between IFRS for SMEs and GAAP
Assume that you have been appointed finance director of Breckall plc. The company is considering investing in the production of an electronic security device, with an expected market life of five...
Berle Inc. manufactures two kinds of leather belts-Belt A (a high-quality belt) and Belt B (of a lower quality). The respective contribution margin s are $4 and $3 per belt. Production of Belt A...
Cecille Paper Company uses softwood and hardwood pulp as basic materials for producing converter-grade paper. Hardwood is 80% pulp fiber and 20% pulp binder, while softwood is 50% pulp fiber and 50%...
Using aggressive mail promotion with low introductory interest rates, Yeager National Bank (YNB) built a large base of credit card customers throughout the continental United States. Currently, all...
The following data apply to Superior Auto Supply Inc. for May 2011. 1. Balance per the bank on May $31, \$ 8,000$. 2. Deposits in transit not recorded by the bank, $\$ 975$. 3. Bank error; check...
How do you determine whether there is a linear correlation between two variables $x$ and $y$ ? Use Table 14.10. Table 14. 10 n a = 0.05 0.950 0.878 4 5 6 0.811 7 0.754 8 0.707 9 0.666 10 0.632 11...
Comparative Analysis Problem: Columbia Sportswear Company vs. Under Armour, Inc. The financial statements for the Columbia Sportswear Company can be found in Appendix A and Under Armour, Inc.'s...
The following information is available for Book Barn Company's sales on account and accounts receivable: After several collection attempts, Book Barn wrote off $\$ 4,500$ of accounts that could not...
The following information comes from the accounts of Jersey Company: Required a. There were $\$ 170,000$ of sales on account during the accounting period. Write-offs of uncollectible accounts were...
Arrange these gases, all at STP, in order of increasing density: CO 2 , H 2 , O 2 , CH 4 , He.
Suppose the index goes to 18 percent in year 5. What is the effective cost of the unrestricted ARM?
The Pacific Corporation operates car rental agencies at more than 20 airports. Customers can choose from one of three contracts for car rentals of one day or less: Contract 1: $50 for the day...
Select the graph that matches the numbered manufacturing cost data. Indicate by letter which graph best fits the situation or item described. The vertical axes of the graphs represent total cost and...
Matching graphs with descriptions of cost and revenue behavior. Given here are a number of graphs. The horizontal axis represents the units produced over the year and the vertical axis represents...
Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total...
Mrquered Mrquered
You plan to invest $10,00 today in an investment account earning 5% interest. You then plan to invest an additional $1,000 into this account each year for the next twenty years. How much money will...

Ajax Company produces three products, A, B, and C, using materials X and Y. Material X costs

Question:

Pounds of Product A 4 Pounds of Product B 7 2 14 Pounds of Product C 1.5 Material X... Material Y. Minimum weight required. 32 15

Step by Step Answer:

Graphic method Cost function is Minimize C 3x 4y Subject to constraints 4x 8y 32 7x 2y 14 ...View the full answer

Cost Accounting

Students also viewed these Managerial Accounting questions