Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company sells two products, X and Y, and the following information is available: X Y Selling Price 140 100 Less: Variable Costs Labour @

A company sells two products, X and Y, and the following information is available:

X Y
Selling Price 140 100
Less: Variable Costs
Labour @ R30 per hour 90 60
Variable Overheads 20 15
Marginal Income 30 25

There are 11000 labour hours available, 3000 units of X and 4000 units of Y can be produced and sold.

(1) What are the total required hours to make both products?

(2)What is the total contribution per labour hour for product Y?

(3)what is the total contribution per labour hour for product X?

(4)How many units of product X and Y make up the optimal mix?

(5)How many hours remain after making the product ranked first?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Digital Transformation Of Auditing And The Evolution Of The Internal Audit

Authors: Nabyla Daidj

1st Edition

1032103914, 978-1032103914

More Books

Students also viewed these Accounting questions

Question

2. What potential barriers would you encourage Samuel to avoid?

Answered: 1 week ago