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A company produces the following three products in a single manufacturing plant. Product 2 $33.60 $50.10 $56.50 21.00 23.60 14.40 2.00- 1.40 0.10 Direct
A company produces the following three products in a single manufacturing plant. Product 2 $33.60 $50.10 $56.50 21.00 23.60 14.40 2.00- 1.40 0.10 Direct materials. Direct labor Variable manufacturing overhead Fixed manufacturing overhead Additional data concerning these products are listed below. 12.70 8.30 8.90 Product 1 2 3 2.00 0.40 0.30 Mixing minutes per unit Selling price per unit $46.00 $88.40 $81.90 Variable selling cost per unit Monthly demand in units $ 1.40 $ 1.90 $ 1.70 2,800 4,100 2,100 The mixing machines are potentially the constraint in the production facility. A total of 7,770 minutes are available per month on these machines. Direct labor is a variable cost in this company. Required: a. How many minutes of mixing machine time would be required to satisfy demand for all three products?
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