Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Oval CUCK HERE TO SAVE YOUR WORK 30 Question 2 34 Graphite Ltd produces three products. Data concoming the selling prices and unit costs of

image text in transcribed
image text in transcribed
Oval CUCK HERE TO SAVE YOUR WORK 30 Question 2 34 Graphite Ltd produces three products. Data concoming the selling prices and unit costs of the three products appear below. 36 Products 37 X Y Z 28 Selling price $80 $60 590 39 Variable costs $50.00 $10.00 $5500 40 Fixed costs $25.00 $8.00 $22.00 41 Grinding machine time (mins) 10 S 7 42 43 Fixed costs are applied to the products on the basis of direct labour hous. 44 45 Demand for the three products exceeds the company's productive capacity. The grinding machine is the constraint, with only 46 2.400 minutes of grinding machine time available this week 47 Font Name Front See - A Wimplex a Copy Mer Cell CK HERE TO SAVE YOUR WORK 030 S Demand for the three products exceeds the company's productive capacity. The prinding machine is the consumint, with only 6 2.400 minutes of grinding machine time available this week ZA 8 Required: 19 Given the grinding machine constraint, which product should be emphasized? Support your answer with appropriate calculation. (9 marles) SO S1 Products 52 X Y 53 Selling price 54 Variable costs 55 Contribution margin 56 Grinding machine time (mins) 57 Contribution margin per Minute 58 59 Which one of the products should the company focus on? (1 mark) 60 61 62 63 64

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

Making Sense Of Audit Business Side Of General Practice

Authors: Donald Sal Irvine

1st Edition

1870905121, 978-1870905121

More Books

Students also viewed these Accounting questions

Question

What are the need and importance of training ?

Answered: 1 week ago

Question

What is job rotation ?

Answered: 1 week ago

Question

1. What are your creative strengths?

Answered: 1 week ago

Question

What metaphors might describe how we work together?

Answered: 1 week ago