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please solve the following accounting question! Thank you Link Components plc manufactures 2 products for the manufacture of electric motor vehicles, X and Y. Cost
please solve the following accounting question! Thank you
Link Components plc manufactures 2 products for the manufacture of electric motor vehicles, X and Y. Cost information is as follows: Y Selling price 37.50 42.00 Materials 13.50 31.50 Labour 6.00 2.50 Other variable costs 10.50 2.00 Fixed costs 4.50 3.50 34.50 39.50 Profit 3.00 2.50 Machine hours per unit: 3 hours for product X and 1.5 hours for product Y. Maximum demand: 30,000 units of product X, and 18,000 units of product Y. The total machine hours available: 105,000 hours Required: a) Using the Throughput Accounting method, determine the optimal production schedule, and calculate the Throughput Accounting ratios. Show all workings. (35 marks) Step by Step Solution
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