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Consider the following information for Covolo Diving Gear. i Machine hours Labour hours Gauge set Product mix w per unit per unit 55% 0.15 0.13
Consider the following information for Covolo Diving Gear. i Machine hours Labour hours Gauge set Product mix w per unit per unit 55% 0.15 0.13 B30 10% 0.55 0.11 C40 35% 0.45 0.17 A20 a. The weighted planning value for machine hours per gauge set is (Enter your response rounded to two decimal places.) The weighted planning value for labor hours per gauge set is (Enter your response rounded to two decimal places.) b. Recalculate the weighted planning values based on a new product mix of 30%, 45%, and 25% for the A20, B30, and C40 sets, respectively. The new weighted planning value for machine hours per gauge set is . (Enter your response rounded to two decimal places.) The new weighted planning value for labor hours per gauge set is (Enter your response rounded to two decimal places.)
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