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Please help in answering the following multiple choice of the provided questions Limiting Factors - Chapter 26 Question 1- Limiting Factor BAHUMI PTY (LTD) is
Please help in answering the following multiple choice of the provided questions
Limiting Factors - Chapter 26 Question 1- Limiting Factor BAHUMI PTY (LTD) is a bakery that produces 3 types of bread, brown bread, white bread and Vegan bread. Currently the demand, cost and selling price details materials in KG and labour time are required as follows: BROWN 70 000 WHITE 60 500 VEGAN 5 000 Annual demand Selling price Unit cost Materials (required to produce one bread) labour hour to produce one unit 14 12 0.1kg 1 16 9 0.1kg 24 18 0.2kg 1.5 1 The firm is having a capacity of 14 550kg of materials and 120 000 labour hours. Fixed manufacturing costs are absorbed into unit cost by charge of 200% of variable cost. Both bread are baked using same materials and labours. Question 1 (3 points) Which of the following resources was scarce in production of 3 bread for the year Materials Materials and labour hours None of the above Labour hours Question 2 (2 points) How many materials are required to produce and meet the demand of white breads? 7 000 kg 6 500 kg None of the above 1 000 kg Question 3 (2 points) How many total materials are needed to produce and meet the demand of all bread? 14 550 kg None of the above 14 000 kg 14 500kg Question 5 (1 point) How much total labour hours is need to produce and meet demand of all bread? None of the above 130 000 120 000 140 000 Question 4 (1 point) How much labour hours is needed to produce and meet demand of Vegan bread? 7 000 hours 1 000 hours None of the above 7 500 hoursStep by Step Solution
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