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Posted on Jun 22, 2024

Typed Answers only please! 1 Part1of4 10 points Skipped References 0 Required information [The following information applies to the questions displayed below. ] Conroy Company

Typed Answers only please!

1 Part1of4 10 points Skipped References 0 Required information [The following information applies to the questions displayed below. ] Conroy Company manufactures two productsB100 and A200. The company provided the following information with respect to these products: 3100 A200 Estimated customer demand (in units) 2,800 2,000 Selling price per unit $1,200 $2,100 Variable expenses per unit $ 700 $1,200 The company has four manufacturing departmentsFabrication, Molding, Machining, and Assemble & Pack. The capacity available in each department (in hours) and the demands that one unit of each ofthe company's products makes on those departments is as follows: 3100 A200 Capacity (hours per unit) (hours per unit) (in hours) Fabrication 1 2 4,000 Molding 2 2 6,000 Machining 2 0 5,000 Assemble & Pack 0 3 4,500 The company is trying to decide what product mix will maximize prots. Given that its fixed costs will not change regardless of the chosen mix, the company plans to identify the product mix that maximizes its total contribution margin. Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a brief tutorial on SOLVER in Excel. Click here for a a brieftutorial on Charts in Excel. The company is trying to decide what product mix will maximize profits. Given that its xed costs will not change regardless of the chosen mix, the company plans to identify the product mix that maximizes its total contribution margin. Par\" f4 Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a brief tutorial on SOLVER in Excel. 10 Click here for a a brief tutorial on Charts in Excel, points Q 4. In the Excel template, navigate to the \"Requirement 4" tab. Using Solver: eBook 3. Calculate the maximum contribution margin the company can earn given the capacities of its four manufacturing departments b. How many units of each product would the company produce to earn the contribution margin from requirement 4a? c. Is your answer to requirement 4a greater than, less than, or equal to your answer from 3d? '35: d. Which of the following best explains the reason for the answer to requirement 4c? iii Complete this question by entering your answers in the tabs below. References Req 4A Req 4B Req 4c Req 4D Calculate the maximum contribution margin the company can earn given the capacities of its four manufacturing departments. Req 48 > References The company is trying to decide what product mix will maximize profits. Given that its xed costs will not change regardless of the chosen mix, the company plans to identify the product mix that maximizes its total contribution margin. Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a brief tutorial on SOLVER in Excel. Click here for a a brief tutorial on Charts in Excel, 4. In the Excel template, navigate to the \"Requirement 4" tab. Using Solver: 3. Calculate the maximum contribution margin the company can earn given the capacities of its four manufacturing departments b. How many units of each product would the company produce to earn the contribution margin from requirement 4a? c. Is your answer to requirement 4a greater than, less than, or equal to your answer from 3d? d. Which of the following best explains the reason for the answer to requirement 4c? Complete this question by entering your answers in the tabs below. Req 4A Req 4B Req 4c Req 4D How many units of each product would the company produce to earn the contribution margin from requirement 4a? The company is trying to decide what product mix will maximize profits. Given that its xed costs will not change regardless of the chosen mix, the company plans to identify the product mix that maximizes its total contribution margin. Part4 f4 Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a brief tutorial on SOLVER in Excel. 10 Click here for a a brief tutorial on Charts in Excel, points Q 4. In the Excel template, navigate to the \"Requirement 4" tab. Using Solver: eBook 3. Calculate the maximum contribution margin the company can earn given the capacities of its four manufacturing departments b. How many units of each product would the company produce to earn the contribution margin from requirement 4a? c. Is your answer to requirement 4a greater than, less than, or equal to your answer from 3d? :7: d. Which of the following best explains the reason for the answer to requirement 4c? [ii Complete this question by entering your answers in the tabs below. References Req 4A Reg 43 References The company is trying to decide what product mix will maximize profits. Given that its xed costs will not change regardless of the chosen mix, the company plans to identify the product mix that maximizes its total contribution margin' Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a brief tutorial on SOLVER in Excel. Click here for a a brief tutorial on Charts in Excel. 4. In the Excel template, navigate to the \"Requirement 4\" tab. Using Solver: 3. Calculate the maximum contribution margin the company can earn given the capacities of its four manufacturing departments. b. How many units of each product would the company produce to earn the contribution margin from requirement 4a? C. Is your answer to requirement 4a greater than, less than, or equal to your answer from 3d? d. Which of the following best explains the reason for the answer to requirement 4c? Complete thls questlon by entering your answers In the tabs below. Req 4A Reg 45 Req 4C Which of the following best explains the reason for the answer to requirement 4c? OMicrosoft Solver simultaneously considers both products, the demands they make on each department, and the capacities available in each department, whereas the approach used in requirements 1-3 considers each product independently. OMicrosoft Solver considers each product independently, whereas the approach in requirements 1-3 simultaneously considers both products, the demands they make on each department, and the capacities available in each department. Merge & Center Formatting as Table Styles Filter Select A2 X V fx Volume Trade-Off Decisions with More Than One Constraint A B C D E F G H K Conroy Company Volume Trade-Off Decisions with More Than One Constraint Contribution Margin Analysis Departmental Data: Hours Demanded per Unit and Capacity Available B100 A200 Capacity B100 A200 (Hours per Unit) (Hours per Unit) (in Hours) B100 Max Units A200 Max Units Units sold Fabrication 2 4,000 8 Selling price 1,200 2,100 Molding 6,000 9 Variable expense per unit 700 S 1,200 Machining ONN 5,000 W Ol 10 Contribution margin per unit 500 $ 900 Assemble & Pack 4,500 11 Contribution margin per hour 12 13 B100 A200 Total Departmental Data: Used vs. Unused Capacity (in Hours) 14 Sales B100 A200 Used Unused 15 Variable expenses Fabrication 4,000 16 Contribution margin Molding 6,000 17 Machining 5,000 18 Assemble & Pack 4,500 19 31 Requirements 1-3 Requirement 4 Requirement 5 Requirement 7 Requirement 8 +Formatting asTable Styles Filter Select Conroy Company Volume Trade-Off Decisions with More Than One Constraint Contribution Margin Analysis Departmental Data: Hours Demanded per Unit and Capacity Available 5100 A200 Capacity 3100 A200 (Hours per Unit) (Hours per Unit) (in Hours) 3100 Max Units A200 Max Units Units sold - - Fabrication 1 2 4,000 - - Selling price $ 1,200 $ 2,100 Molding 2 2 6,000 - - Variable expense ner unit 5 700 $ 1,200 Machining 2 0 5,000 - - Contribution margin per unit 5 500 $ 900 Assemble & Pack 0 3 4,500 - - Contribution margin per hour 3100 A200 Total Departmental Data: Used vs. Unused Capacity (in Hours) Sales 5 - S - S - 3100 A200 Used Unused Variable expenses 5 - $ - 5 - Fabrication - - - 4.000 Contribution margin 5 - S - S - Molding - - - 6,000 Machining - - - 5,000 Assemble & Pack - - - 4,500 Requirement 4 Merge & Center % 00 -0 Formatting as Table Styles Filter Select E9 X V fx =MAX('Requirements 1-3'!G17:H17) B C D F G H K L M N 0 P Q R S T U V W X A200 Units Fabrication Molding Machinery Assemble & Pack 0 0 500 1000 1500 2000 B100 Units 2500 2500 10 3000 -3000 3500 4000 -2000 0 Requirements 1-3 Requirement 4 Requirement 5 Requirement 7 Requirement 8 +Formatting asTable Styles Filter Select Conroy Company Volume Trade-Off Decisions with More Than One Constraint Contribution Margin Analysis Departmental Dam: Hours Demanded per Unit and Capacity Available 3100 A200 Capacity 3100 A200 (Hours per Unit) (Hours per Unit) (in Hours) 3100 Max Units A200 Max Units Units sold - Fabrication 1 2 4,000 - - Selling price $ - $ 2,100 Molding 2 2 6,000 - - Variable expense per unit 5 700 $ 1,200 Machining 2 0 5,000 - - Contribution margin per unit 5 (700) $ 900 Assemble & Pack 0 3 4,500 - - Contribution margin per hour 5 (350) $ 300 3100 A200 Total Departmental Data: Used vs. Unused Capacity (in Hours) Sales 5 - S - $ - 3100 A200 Used Unused Variable expenses 5 - $ - 5 - Fabrication - ' ' 4000 Contribution margin 5 - $ - S - Molding - - - 6,000 Machining - - - 5,000 Assemble & Pack - - - 4,500 Requirement 7 Formatting asTable Styles Filter Select Conroy Company Volume Trade-Off Decisions with More Than One Constraint Contribution Margin Analysis Departmental Dam: Hours Demanded per Unit and Capacity Available 3100 A200 Capacity 3100 A200 (Hours per Unit) (Hours per Unit) (in Hours) 3100 Max Units A200 Max Units Units sold - Fabrication 1 2 4,000 - - Selling price $ - $ 2,100 Molding 2 2 6,000 - - Variable expense per unit 5 700 $ 1,200 Machining 2 0 5,000 - - Contribution margin per unit 5 (700) $ 900 Assemble & Pack 0 3 4,500 - - Contribution margin per hour 5 (350) $ 300 3100 A200 Total Departmental Data: Used vs. Unused Capacity (in Hours) Sales 5 - S - $ - 3100 A200 Used Unused Variable expenses 5 - $ - 5 - Fabrication - ' ' 4000 Contribution margin 5 - $ - S - Molding - - - 6,000 Machining - - - 5,000 Assemble & Pack - - - 4,500 Requirement 8 1 w-.. H-.- .- \"mum ...- m--. WNW, ....-.. ,W w- .- \"M.-. ...- WWW..- W. M... Click here for a brief tutorial on SOLVER in Excel. Click here for a a brieftutorial on Charts in Excel. Part 1 of 4 - Required: 10 1. Refer to the \"Requirements 1-3\" tab in your Excel spreadsheet. Assume the company focuses solely on producing B100: points a. Which department would be the constraint? (Hint: Create formulas in cells J7 through J10 that calculate B100's maximum output in each department.) SkiPPed b. What is 8100's contribution margin per hour of the constraining resource that you identified in requirement 1a? (Hint: Input a formula in cell B11 that translates B100's contribution margin per unit in cell B10 to its contribution margin per hour of the constraining resource.) 630\" Complete this question by entering your answers in the tabs below. ilEl Prlnt Req 1A Req 13 iii Which department would be the constraint? (Hint: Create formulas in cells J7 through 110 that calculate 3100's maximum References output in each department.) Part1of4 10 points Skipped References .va-.v.--- -. ...- -..---.. ....., ...- -v...,.w.., r._..- .- .w-....., ...- r.--w-....... Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a brief tutorial on SOLVER in Excel. Click here for a a brieftutorial on Charts in Excel. Required: 1. Refer to the \"Requirements 1-3\" tab in your Excel spreadsheet. Assume the company focuses solely on producing B100: a. Which department would be the constraint? (Hint: Create formulas in cells J7 through J10 that calculate B100's maximum output in each department.) b. What is B100's contribution margin per hour of the constraining resource that you identified in requirement 1a? (Hint: Input a formula in cell B11 that translates B100's contribution margin per unit in cell B10 to its contribution margin per hour of the constraining resource.) Complete this question by entering your answers in the tabs below. Req 1A Req lB What is 3100's contribution margin per hour of the constraining resource that you identified in requirement 1a? (Hint: Input a formula in cell 311 that translates 3100's contribution margin per unit in cell BIO to its contribution margin per hour of the constraining resource.) 2 Part 2 of4 10 points References The company is trying to decide what product mix will maximize prots. Given that its xed costs will not change regardless of the chosen mix, the company plans to identify the product mix that maximizes its total contribution margin. Click here to download the Excel template, which vou will use to answer the questions that follow. Click here for a brief tutorial on SOLVER in Excel. Click here for a a brief tutorial on Charts in Excel. 2. Refer to the \"Requirements 1-3" tab in your Excel spreadsheet. Assume the company focuses solely on producing A200: 3. Which department would be its constraint? (Hint: Create formulas in cells K7 through K10 that calculate A200's maximum output in each department.) b. What is A200's contribution margin per hour of the constraining resource that you identied in requirement 2a? (Hint: Input a formula in cell C11 that translates A200's contribution margin per unit in cell C10 to its contribution margin per hour of the constraining resource.) Complete thls questlon by enterlng your answers In the tabs below. RquA ' RquB ' l Which department would be its constraint? (Hint: Create formulas in cells K7 through K10 that calculate A200's maximum output in each department.) Next > 2 Part 2 of4 10 points Relerences The company is trying to decide what product mix will maximize prots. Given that its xed costs will not change regardless of the chosen mix, the company plans to identify the product mix that maximizes its total contribution margin. Click here to download the Excel template, which vou will use to answer the questions that follow. Click here for a brief tutorial on SOLVER in Excel. Click here for a a brief tutorial on Charts in Excel. 2. Refer to the \"Requirements 1-3" tab in your Excel spreadsheet. Assume the company focuses solely on producing A200: 3. Which department would be its constraint? (Hint: Create formulas in cells K7 through K10 that calculate A200's maximum output in each department.) b. What is A200's contribution margin per hour of the constraining resource that you identied in requirement 2a? (Hint: Input a formula in cell C11 that translates A200's contribution margin per unit in cell C10 to its contribution margin per hour of the constraining resource.) Complete thls questlon by enterlng your answers In the tabs below. What is AZOO's contribution margin per hour of the constraining resource that you identied in requirement 2a? (Hint: Input a formula in cell C11 that translates A200's contribution margin per unit in cell C10 to its contribution margin per hour of the constraining resource.) 3 Click here for a a brief tutorial on Charts in Excel. \""3 f4 3. Refer to the \"Requirements 1-3" tab in your Excel spreadsheet. Based on the answers to requirements 1 and 2: a. Which product has the highest contribution margin per hour of its constraining resource? b. If the company decided to initiate production by maximizing the output ofthe product chosen in requirement 3a, then how many 10 units of this product would it be able to make before encountering that product's constraint? points c. Ifthe company implemented the production plan in requirement 3b, then how many units of its remaining product could it make with the capacity that is still available? (Hints: Your answer from requirement 3b should be input into one of two choices, either cell B7 or C7. Then, you should direct your attention to the unused capacities in cells J15 through J18.) d. What total contribution margin would the company earn if it followed the production plan described in requirements 3b and 3c? El (Hint: Your answer from requirement 3c should be input into one of two choices, either cell B7 or C7.) eBook E! prlm Complete thls questlon by enterlng your answers In the tabs below. \"1! References Req 3A Req 3B Req 3C Reg 30 Which product has the highest contrlbutlon margln per hour of Its constralnlng resource? References Click here for a brief tutorial on SOLVER in Excel. Click here for a a brief tutorial on Charts in Excel. 3. Refer to the \"Requirements 1-3" tab in your Excel spreadsheet Based on the answers to requirements 1 and 2: 3. Which product has the highest contribution margin per hour of its constraining resource? b. If the company decided to initiate production by maximizing the output ofthe product chosen in requirement 3a, then how many units of this product would it be able to make before encountering that product's constraint? c. lfthe company implemented the production plan in requirement 3b, then how many units of its remaining product could it make with the capacity that is still available? (Hints: Your answer from requirement 3b should be input into one of two choices, either cell B7 or C7. Then, you should direct your attention to the unused capacities in cells J15 through J18.) d. What total contribution margin would the company earn if it followed the production plan described in requirements 3b and 3c? (Hint: Your answer from requirement 3c should be input into one of two choices, either cell B7 or C7.) Complete thls questlon by enterlng your answers In the tabs below. Req 3C Req 3D If the company decided to initiate production by maximizing the output of the product chosen in requirement 3a, then how many units of this product would it be able to make before encountering that product's constraint? ( Req 3A Req 3C > References Click here for a brief tutorial on SOLVER in Excel. Click here for a a brief tutorial on Charts in Excel. 3. Refer to the \"Requirements 1-3" tab in your Excel spreadsheet Based on the answers to requirements 1 and 2: 3. Which product has the highest contribution margin per hour of its constraining resource? b. If the company decided to initiate production by maximizing the output ofthe product chosen in requirement 3a, then how many units of this product would it be able to make before encountering that product's constraint? c. lfthe company implemented the production plan in requirement 3b, then how many units of its remaining product could it make with the capacity that is still available? (Hints: Your answer from requirement 3b should be input into one of two choices, either cell B7 or C7. Then, you should direct your attention to the unused capacities in cells J15 through J18.) d. What total contribution margin would the company earn if it followed the production plan described in requirements 3b and 3c? (Hint: Your answer from requirement 3c should be input into one of two choices, either cell B7 or C7.) Complete thls questlon by entering your answers In the tabs below. Req 3A Req BB If the company implemented the production plan in requirement 3b, then how many units of its remaining product could it make with the capacity that is still available? (Hints: Your answer from requirement 3b should be input into one of two choices, either cell B7 or C7. Then, you should direct your attention to the unused capacities in cells J15 through 118.) References Click here for a brief tutorial on SOLVER in Excel. Click here for a a brief tutorial on Charts in Excel. 3. Refer to the \"Requirements 1-3" tab in your Excel spreadsheet Based on the answers to requirements 1 and 2: 3. Which product has the highest contribution margin per hour of its constraining resource? b. If the company decided to initiate production by maximizing the output ofthe product chosen in requirement 3a, then how many units of this product would it be able to make before encountering that product's constraint? c. lfthe company implemented the production plan in requirement 3b, then how many units of its remaining product could it make with the capacity that is still available? (Hints: Your answer from requirement 3b should be input into one of two choices, either cell B7 or C7. Then, you should direct your attention to the unused capacities in cells J15 through J18.) d. What total contribution margin would the company earn if it followed the production plan described in requirements 3b and 3c? (Hint: Your answer from requirement 3c should be input into one of two choices, either cell B7 or C7.) Complete thls questlon by entering your answers In the tabs below. Req 3A Req BB Req 3C What total contribution margin would the company earn if it followed the production plan described in requirements 3b and 3c? (Hint: Your answer from requirement 3c should be input into one of two choices, either cell B7 or C7.)