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Pastels Ltd produces three brush sets; the artists set, the painters set and the make-up set. The following data for each brush is available for
Pastels Ltd produces three brush sets; the artists set, the painters set and the make-up set. The following data for each brush is available for the next quarter: Demand sets (units) 150 300 350 Artist Painters Make up Sale Revenue per unit 43 35 25 Variable costs per unit 37 27 16 Allocated Fixed costs per unit 7 2. 4 Profit per unit (1) 6 5 All brush sets use animal hair as follows: Artist Painters Make up Hair per set (grammes) 12 20 36 2b) The supplier for animal hair has gone bankrupt and supply will be affected for the next quarter. With reference to the above explain the concept of a limiting factor. 3b) The inventory manager has told you that there is only 7,600 grammes of animal hair in the warehouse. How much of each product should be made
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