Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PA7-6 (Static) Making Decisions involving Constrained Resource [LO 7-2, 7-7] Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
PA7-6 (Static) Making Decisions involving Constrained Resource [LO 7-2, 7-7] Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows: Table A Table Table C $ 38 $ 42 5 56 6 3 7 2 2 3 4 5 Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Required number of labor hours Required number of machine hours 1 1.00 0.50 4.00 0.50 2.50 2.60 Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: Table A Table Table C 50,000 units 20,000 units 30,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 2. If Blossom has only 36,000 direct labor hours available, calculate the number of units of each table that Blossom should produce to maximize its profit 3. Suppose that the number of machine hours has been identified as the most constrained resource Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 4. If Blossom has only 230,000 machine hours available, calculate the number of units of each table that Blossom should produce to maximize its profit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 1 1 2 3 > 2 4 2 5 irect oor Variable manufacturing overhead Fixed manufacturing overhead Required number of labor hours Required number of machine hours 0.50 3.50 2.50 1.00 2.00 2 Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: Table A Table B Table C 50,000 units 20,000 units 30,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 2. If Blossom has only 36,000 direct labor hours available, calculate the number of units of each table that Blossom should produce to maximize its profit 3. Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 4. If Blossom has only 230,000 machine hours available, calculate the number of units of each table that Blossom should produce to maximize its profit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. Ranking Product Table A Table B Table C 1 2 3 3 2 4 2 5 wirect labor Variable manufacturing overhead Fixed manufacturing overhead Required number of labor hours Required number of machine hours 0.50 4.00 0.50 2.50 1.00 2.00 Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: Table A Table Table C 50,000 units 20,000 units 30,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 2. If Blossom has only 36,000 direct labor hours available, calculate the number of units of each table that Blossom should produce to maximize its profit 3. Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 4. If Blossom has only 230,000 machine hours available, calculate the number of units of each table that Blossom should produce to maximize its profit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If Blossom has only 36,000 direct labor hours available, calculate the number of units of each table that Blossom should produce to maximize its profit. (Enter the products in the sequence of their preferences; the product with first preference should be entered first.) Product Units Produced 1 2 2 4 1 2 5 3 wirect acor Variable manufacturing overhead Fixed manufacturing overhead Required number of labor hours Required number of machine hours 0.50 4.00 1.00 2.00 2.50 Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: Table A Table B Table C 50,000 units 20,000 units 30,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 2. If Blossom has only 36,000 direct labor hours available, calculate the number of units of each table that Blossom should produce to maximize its profit. 3. Suppose that the number of machine hours has been identified as the most constrained resource Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 4. If Blossom has only 230,000 machine hours available, calculate the number of units of each table that Blossom should produce to maximize its profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. Product Ranking Table A Table B Table 4 Director Variable manufacturing overhead Fixed manufacturing overhead Required number of labor hours Itequired number of machine hours 0.50 . 2.50 Blossom has determined that it can sell a limited number of each table in the upcoming year Expected demand for each model follows: Table A Table Table C 50,000 units 20,000 units 30,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource, Determine how Blossom should prioritize production by rank ordering the products from 1 to 3 2. If Blossom has only 36,000 direct labor hours available, calculate the number of units of each table that Blossom should produce to maximize its profit 3. Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 4. If Blossom has only 230,000 machine hours available, calculate the number of units of each table that Blossom should produce to maximize its profit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If Blossom has only 230,000 machine hours available, calculate the number of units of each table that Blossom should produce to maximize its profit. (Enter the products in the sequence of their preferences; the product with first preference should be entered first) Product Units Produced

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

Beyond Compliance Design Of A Quality System Tools And Templates For Integrating Auditing Perspectives

Authors: Janet Bautista Smith, Robert Alvarez

1st Edition

1951058232, 978-1951058234

More Books

Students also viewed these Accounting questions

Question

explain the need for human resource strategies in organisations

Answered: 1 week ago

Question

describe the stages involved in human resource planning

Answered: 1 week ago