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Saved Product 2 3 Direct materials $34.60 $51.10 $57.50 22.ee 24.60 15.40 1.80 1.20 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Additional data concerning

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Saved Product 2 3 Direct materials $34.60 $51.10 $57.50 22.ee 24.60 15.40 1.80 1.20 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Additional data concerning these products are listed below. 1.10 11.70 7.30 7.90 Mixing minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units Product 1 2. 3 1.20 0.80 8.50 $76.00 $98.40 $91.90 $ 2.40 $ 2.90 $ 2.70 2,600 4,600 2.600 The mixing machines are potentially the constraint in the production facility. A total of 8,000 minutes are available per month on these machines Direct labor is a variable cost in this company, Required: a. How many minutes of mixing machine time would be required to satisfy demand for all three products? b. How much of each product should be produced to maximize net operating income? c. If the company has made the best use of the existing mixing machine capacity, what is the maximum amount they should be willing to pay for one additional hour of mixing machine time? Complete this question by entering your answers in the tabs below. Required A Required B Required How many minutes of miding machine time would be required to satisfy demand for all three products? Total minutes required

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