Answered step by step
Verified Expert Solution
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
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