Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can you please use this report to answer the questions in the At-2.png attachment? Stone Age Surfboards is a small manufacturer of two types of

Can you please use this report to answer the questions in the At-2.png attachment?

image text in transcribedimage text in transcribed
Stone Age Surfboards is a small manufacturer of two types of popular low-tide surfboards, the Graystone and the Lava models. The manufacturing process consists of two departments: fabrication and finishing. The fabrication department has 8 skilled workers, each of whom works 9.25 hours per day. The finishing department has 5 workers, each of whom works a 6-hour shift per day. Each pair of Graystone surfboards requires 2.5 labor hours in the fabrication department and 2 labor hours in finishing. The Lava model requires 4.2 labor-hours in fabrication and 3.6 labor-hours in finishing. The company operates 6 days a week. It makes a per unit profit of $40 on the Graystone model and $60 on the Lava model. The company anticipates selling at least twice as many Lava models as Graystone models. Professor Cursio's hint: non-integer values are acceptable for this problem. A B D 1 Stone Age Surfboards 2 3 Data 4 Product 5 Department Graystone Lava Limitation (hours) 6 Fabrication 2.5 4.2 74 7 Finishing 2 3.6 30 8 Profit Unit $40.00 $60.00 10 11 12 Model 13 Graystone Lava 14 Quantity Produced Hours Used 15 Fabrication 16 Finishing 17 18 Excess Lava 19 Market Mixture 20 21 Total Profit 22 Profit ContributionMultiple Choice #4: What is the total number of hours used for fabrication? A) 54.5 B) 30.0 C) 35.5 D) 43.8 Multiple Choice #5: What is the total number of hours used for the finishing operation? A) 18.7 B) 30.0 c) 35.5 D) 24.2 Multiple Choice #6: What is the total profit generated? A) 5 675.68 B) S 920.57 C) $ 521.74 D) 5 788.32 Multiple Choice #7: What is the value of slack obtained from the answer report? A) 46.78 B) 38.46 c) 59.24 D) 23.85

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_2

Step: 3

blur-text-image_3

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

Computer Accounting

Authors: Donna Kay

14th Edition

007762453X, 9780077624538

More Books

Students also viewed these Accounting questions

Question

1. What will happen in the future

Answered: 1 week ago

Question

3. Avoid making mistakes when reaching our goals

Answered: 1 week ago