Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The answers highlighted in Green are correct. The answers highlighted in red are incorrect. Also I have additional answers that were marked wrong right below

The answers highlighted in Green are correct. The answers highlighted in red are incorrect.

Also I have additional answers that were marked wrong right below the wrong answer highlighted in red.

Please give the right answer for the incorrect answers.

image text in transcribed

image text in transcribed

Glocker Company makes three products in a single facility. These products have the following unit product costs Product Direct materials 34.20 50.70 57.10 Direct labor 21.60 24.20 15.00 Variable manufacturing overhead 1.40 0.80 0.70 Fixed manufacturing overhead 11.30 6.90 7.50 Unit product cost $68.50 $82.60 $80.30 Additional data concerning these products are listed below. Mixing minutes per unit 1.40 1.00 0.20 Selling price per unit 72.00 94.40 87.90 Variable selling cost per unit 2.00 2.50 2.30 Monthly demand in units 2,200 4.200 2,200 The mixing machines are potentially the constraint in the production facility. A total of 7,620 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? Answer is complete and correct 7,720V Total minutes required b. How much of each product should be produced to maximize net operating income? (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole number) Answer is complete but not entirely correct V 4,306X optimal production 4.200 2.200 (A) Also answer: 2980 X is also wrong

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

Security And Audit Field Manual

Authors: Alex Meyer, Mark Polino

1st Edition

B0B72Q3V4M, 979-8841258483

More Books

Students also viewed these Accounting questions