Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please do asap Monty Ltd makes and sells three products. Details are indicated below: Aye Bee Cee (Rs) 45 75 110 Selling price Variable costs:

Please do asap

image text in transcribed

Monty Ltd makes and sells three products. Details are indicated below: Aye Bee Cee (Rs) 45 75 110 Selling price Variable costs: Direct materials_(Rs15 per litre) Direct labour (Rs 10 per hour) Fixed overheads for the year Demand (Rs) 15 (Rs) 10 (Rs) (units) 12,000 30 30 20 30 400,000 9,000 6,000 Availability of direct materials and direct labour are limited to 38,000 litres and 50,000 hours respectively. Required: 0 Determine the binding constraint. (3 marks) Calculate contribution per unit of the binding constraint and rank the products accordingly (6 marks) (iii) Obtain the optimum production mix and the resulting net profit. (7 marks)

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

The ASQ Auditing Handbook

Authors: J. P. Russell

3rd Edition

0873896661, 978-0873896665

More Books

Students also viewed these Accounting questions

Question

At what level(s) was this OD intervention scoped?

Answered: 1 week ago