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University Company produces and sells four products; W, X, Y and Z. The following data relate to its four products. W X Y Z Daily
University Company produces and sells four products; W, X, Y and Z. The following data relate to its four products.
W | X | Y | Z | |
Daily demand in units | 80 | 60 | 70 | 100 |
Selling price per unit | $150 | $190 | $136 | $134 |
Variable costs per unit | $60 | $70 | $64 | $74 |
Labor time in minutes per unit | 10 | 20 | 9 | 12 |
There are total of 3002 minutes available per day.
Total fixed costs are $3,100 per day.
Q. In what order should University produce the products?
a)Y,Z,X,W
b)W,Z,X,Y
c)X,Z,Y,W
d)W,Y,X,Z
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