Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 16 5 pts Cerebro Manufacturing produces four types of structural support fittings-plugs, rails, rivets, and clips which are machined on two CNC machining centers.

image text in transcribed
Question 16 5 pts Cerebro Manufacturing produces four types of structural support fittings-plugs, rails, rivets, and clips which are machined on two CNC machining centers. The machining centers have a capacity of 250,000 minutes per year. The gross margin per unit and machining requirements are shown in the spreadsheet below. B IC D E F NI 1 Cerebro Manufacturing Model 2 Machine Capacity 3 Product Plugs Rails Rivets Clips (mins./year) 14 Gross margin/unit $0.40 $1.20 $0.80 $1.10 5 Minutes/unit 1 2 3 1.5 250,000 Gross 16 margin/minute Maximum production 8 Profit What is the total profit generated from the manufacture of rivets only? A) $ 66,666.67 B) $ 100,000.00 C) $183,333.33 OD) $ 150,000.00

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

Digital Finance Big Data Start-ups And The Future Of Financial Services

Authors: Perry Beaumont

1st Edition

0367146797, 978-0367146795

More Books

Students also viewed these Finance questions