Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2 Blossom, Incorporated, is a small company that manufactures three versions of patio tables. Unit information for its products follows: 5 Sales price Direct
2 Blossom, Incorporated, is a small company that manufactures three versions of patio tables. Unit information for its products follows: 5 Sales price Direct materials points Direct labor Variable manufacturing overhead Fixed manufacturing overhead Required number of labor hours eBook Table A Table B Table C $ 46 $ 50 $ 64 8 9 10 2 4 8 3 3 3 5 5 5 0.50 0.50 1.00 4.00 2.50 2.00 Required number of machine hours Blossom has determined it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: 50,000 units Print Table A Table B Table C 30,000 units 20,000 units References Required: 1. Suppose direct labor hours have been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. 2. If Blossom has only 45,000 direct labor hours available, calculate the number of units of each table Blossom should produce to maximize its profit. 3. Suppose the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. 4. If Blossom has only 238,000 machine hours available, calculate the number of units of each table Blossom should produce to maximize its profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Suppose direct labor hours have been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. Product Table A Table B Table C Ranking 5 2 Blossom, Incorporated, is a small company that manufactures three versions of patio tables. Unit information for its products follows: Sales price Direct materials points Direct labor Variable manufacturing overhead Fixed manufacturing overhead Required number of labor hours eBook Table A Table B $ 46 $ 50 Table C $ 64 8 9 10 2 4 8 3 3 3 5 5 5 0.50 4.00 0.50 2.50 1.00 2.00 Required number of machine hours Blossom has determined it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: Table A 50,000 units 30,000 units 20,000 units Print Table B Table C References Required: 1. Suppose direct labor hours have been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. 2. If Blossom has only 45,000 direct labor hours available, calculate the number of units of each table Blossom should produce to maximize its profit. 3. Suppose the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. 4. If Blossom has only 238,000 machine hours available, calculate the number of units of each table Blossom should produce to maximize its profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If Blossom has only 45,000 direct labor hours available, calculate the number of units of each table Blossom should produce to maximize its profit. Note: Enter the products in the sequence of their preferences; the product with first preference should be entered first. Product Units Produced < Required 1 Required 3 > Show less 2 Blossom, Incorporated, is a small company that manufactures three versions of patio tables. Unit information for its products follows: 5 Sales price Direct materials points Direct labor Variable manufacturing overhead Fixed manufacturing overhead Required number of labor hours eBook Table A Table B Table C $ 46 $ 50 $ 64 8 9 10 2 4 8 3 3 3 5 5 5 0.50 0.50 4.00 2.50 1.00 2.00 Print References Required number of machine hours Blossom has determined it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: Table A 50,000 units Table B 30,000 units Table C Required: 20,000 units 1. Suppose direct labor hours have been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. 2. If Blossom has only 45,000 direct labor hours available, calculate the number of units of each table Blossom should produce to maximize its profit. 3. Suppose the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. 4. If Blossom has only 238,000 machine hours available, calculate the number of units of each table Blossom should produce to maximize its profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Suppose the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. Product Ranking Table A Table B Table C < Required 2 Required 4 > 2 Blossom, Incorporated, is a small company that manufactures three versions of patio tables. Unit information for its products follows: 5 Sales price Direct materials points Direct labor Variable manufacturing overhead Fixed manufacturing overhead Required number of labor hours Table A Table B Table C $ 46 $ 50 $ 64 8 9 10 2 4 8 3 3 3 5 5 5 0.50 0.50 1.00 4.00 2.50 2.00 eBook Required number of machine hours Blossom has determined it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: Table A 50,000 units 30,000 units Print Table B Table C 20,000 units References Required: 1. Suppose direct labor hours have been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. 2. If Blossom has only 45,000 direct labor hours available, calculate the number of units of each table Blossom should produce to maximize its profit. 3. Suppose the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank, i.e., ordering the products from 1 to 3. 4. If Blossom has only 238,000 machine hours available, calculate the number of units of each table Blossom should produce to maximize its profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If Blossom has only 238,000 machine hours available, calculate the number of units of each table Blossom should produce to maximize its profit. Note: Enter the products in the sequence of their preferences; the product with first preference should be entered first. Product Units Produced < Required 3 Required 4 > Show less
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started