Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Trailblazers produces two types of hiking boots: the men's boot and the women's boot. The two types of boots are similar, except that the women's

Trailblazers produces two types of hiking boots: the men's boot and the women's boot. The two types of boots are similar, except that the women's boots are more stylish. Both types are made with the same machines. It takes 15 minutes of machine time to produce one pair of men's boots, whereas it takes 30 minutes of machine time to produce one pair of women's boots. The difference in production time results mainly from the different materials used in construction. The relevant data concerning the two types of boots are as follows:

Men's Women's
Sales price (per pair) $36 $41
Less:
Direct materials 10 13
Direct labor 4 4
Variable overhead 8 10
Contribution margin $14 $14
Required machine time hour hour

A. If the total machine time available is 640 hours per month and the demand for each type of boot is 1,500 pairs per month, how many of each type should be produced to maximize profit? (Round your answer to the nearest pair.)

Womens?

Mens?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions