Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Krazo Industries manufactures and sells three products. Both labour and machine time are applied to the products as they pass through the department. 2 3

image text in transcribed
image text in transcribed
Krazo Industries manufactures and sells three products. Both labour and machine time are applied to the products as they pass through the department. 2 3 For the next six months, the following monthly capacity will be available in the department 5 Available time in machine hours 5,500 G 7 The related data for each product is as follows 8 MOZ T28 119 0 Machine hours per unit 4,0 12.0 3.0 1 Demand in units 500 400 1.000 2 Contribution marrin per unit $147 $82 $108 3 Fixed overhead per unit S15 s101 $32) 4 s Required: 5 7 1 In what order should demand for the products be filled? Show supporting calculations (3 marks) 3 MOZ T28 B19 Order 24 2. Is there enough capacity to satisly the demand for all products Show supporting calculations. [3 marks) MOZ 128 819 27 ZB 30 31 32 33 34 3. Based on the results from parts 1 and 2, determine the number of units of each product that could be produced? Show supporting calculations. (3 marks) 35 36 37 38 39 40 M07 T28 B19 45 Number of units 4. Based on the results from parts 1 and 3, determine the total contribution margin that could be earned Show supporting calculations (2 mark) 29 M07 T28 B19 50 52 53

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

Step: 3

blur-text-image

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

Clinical Audit In Palliative Care

Authors: Irene Higginson

1st Edition

1870905644, 978-1870905640

More Books

Students also viewed these Accounting questions

Question

5. Have you stressed the topics relevance to your audience?

Answered: 1 week ago