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Constrained Resource 4) XYZ company has the following information for its three products: Product A Product B Product C Selling Price $150 $100 $80 Unit
Constrained Resource 4) XYZ company has the following information for its three products: Product A Product B Product C Selling Price $150 $100 $80 Unit Variable Cost $90 $60 $40 Hours to Produce 2.5 2 1 Monthly Demand 900 800 1,000 XYZ company has only 2,000 machine hours available each month in its factory. How much of each product should be produced to maximize profits? Sell or Process Further 5) Iowa Industries makes corn oil and corn meal from corn in a joint process. The corn oil can be further processed into margarine, and the corn meal can be further processed into corn muffin mix. The joint cost incurred to process the corn to the split off point was $140,000. Information on the quantities, value, and further processing costs for the joint product appears below: Corn oil Corn meal Sales Value at Split Off $240,000 $225,000 Allocated Joint Cost $48,696 $91,304 Cost to Process Further $120,000 $675,000 Sales Value after Further Processing $480,000 $825,000 Which products should be processed further? What is the profit (loss) from processing the corn oil further? What is the profit (loss) from processing the corm mean further? . Which products should be processed further
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