Glover Company makes three products in a single facility. These products have the following unit product costs. Product Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing overhead $33.70 950.20 $56.60 21.10 23.70 14.50 2.10 1.50 0.20 12.60 8.20 8.80 $69.50 $83.60 $80.10 Unit product cost Additional data concerning these products are listed below. Product B Mixing minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 1.30 0.50 0.20 $67.00 $89.40 $82.99 $ 1.50 $ 2.00 $ 1.80 2,900 4,200 2,200 The mixing machines are potentially the constraint in the production facility. A total of 6,210 minutes are available per month o machines. Direct labor is a variable cost in this company. Required: a. How many minutes of mixing machine time would be required to satisfy demand for all three products? b. How much of each product should be produced to maximize net operating income? c. Up to how much should the company be willing to pay for one additional hour of mixing machine time if the company has best use of the existing mixing machine capacity? Glover Company makes three products in a single facility. These products have the following unit product costs: 3 Dicoduct -16 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $33.70 050.20 $56.60 21.10 23.70 14.50 2.10 1.50 0.20 12.60 B.20 8.80 $69.50 $83.60 $80.10 Unit product cost Additional data concerning these products are listed below. Mixing minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in unit: Product A 3 e 1.30 0.50 0.20 $67.00 $89.40 $82.99 $ 1.50 $ 2.00 $ 1.80 2,900 4,200 2,200 The mixing machines are potentially the constraint in the production facility. A total of 6,210 minutes are avallable per month machines. Direct labor is a variable cost in this company, Required: a. How many minutes of mixing machine time would be required to satisfy demand for all three products? b. How much of each product should be produced to maximize net operating Income? c. Up to how much should the company be willing to pay for one additional hour of mixing machine time if the company has best use of the existing mixing machine capacity? Fixed manufacturing overhead Unit product cont be $69.50 $63.60 $80.10 Additional data concerning these products are listed below. Traduat Mixing minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 1.30 0.50 0.20 $67.00 $89.40 $2. $ 1.50 $ 2.00 $ 1.80 2.900 4,200 2,200 The mixing machines are potentially the constraint in the production facility. A total of 6,210 minutes are available per month on these machines Direct labor is a variable cost in this company. Required: a. How many minutes of mixing machine time would be required to satisfy demand for all three products? b. How much of each product should be produced to maximize net operating income? c. Up to how much should the company be willing to pay for one additional hour of mixing machine time If the company has made the best use of the existing mixing machine capacity? C. best use of the existing mixing machine capacity? Complete this question by entering your answers in the tabs below. Required A Required B Required C How many minutes of mixing machine time would be required to satisfy demand for a Total minutes required Rene A Required B > b. How much of each product should be produced to maximize net operating income? c. Up to how much should the company be willing to pay for one additional hour of mixing best use of the existing mixing machine capacity? Complete this question by entering your answers in the tabs below. Required A Required B Required C How much of each product should be produced to maximize net operating Income? (Round unit.) Optimal production 18 of 20
