Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Chapter 7 Assignment A Saved Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows: Table

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Chapter 7 Assignment A Saved Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows: Table A Table B Table C $ 46 $ 50 $ 64 8 9 10 points Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 2 8 3 3 5 5 5 eBook Required number of labor hours Required number of machine hours 0.50 4.00 0.50 2.50 1.00 2.00 Print Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: References Table A Table B Table C 50,000 units 30,000 units 20,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank 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 that Blossom should produce to maximize its profit. 3. Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank 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 that 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 that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. Ranking Product Table A Table B Table C Required 1 Required 2 > Chapter 7 Assignment Saved Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows: Table A Table B Table C $ 46 $ 50 $ 64 10 points Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 5 3 5 3 5 eBook Required number of labor hours Required number of machine hours 0.50 4.00 0.50 2.50 1.00 2.00 Print Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: References Table A Table B Table C 50,000 units 30,000 units 20,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank 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 that Blossom should produce to maximize its profit. 3. Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank 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 that 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 that Blossom should produce to maximize its profit. (Enter the products in the sequence of their preferences; the product with first preference should be entered first.) Product Units Produced Chapter 7 Assignment i Saved Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows: 10 points Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Table A Table B Table C $ 46 $ 50 $ 64 9 10 8 3 4 5 eBook Required number of labor hours Required number of machine hours 0.50 4.002 0.50 .50 1.00 2.00 Print Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: References Table A Table B Table C 50,000 units 30,000 units 20,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank 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 that Blossom should produce to maximize its profit. 3. Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank 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 that 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 that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. Product Ranking Table A Table B Table C Chapter 7 Assignment i Saved Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows: 10 points Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Table A Table B Table C $ 46 $ 50 $ 64 9 10 8 3 4 5 eBook Required number of labor hours Required number of machine hours 0.50 4.002 0.50 .50 1.00 2.00 Print Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: References Table A Table B Table C 50,000 units 30,000 units 20,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank 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 that Blossom should produce to maximize its profit. 3. Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank 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 that 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 that Blossom should produce to maximize its profit. (Enter the products in the sequence of their preferences; the product with first preference should be entered first.) Product Units Produced

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

Produktivitat Von Dienstleistungen

Authors: Klaus Moller, Wolfgang Schultze

3rd Edition

3658040858, 9783658040857

More Books

Students also viewed these Accounting questions

Question

What is collectivism, and how is it different from individualism?

Answered: 1 week ago