You work for Bowtie Manufacturing and are a new hire in their accounting division. The company has hired you in order to better determine costs associated with their different products. They manufacture three different types of products known as X, Y, and Z. Each of these products is made out of different lengths of ribbon. Product X uses 3 ft, product Y uses 7ft, and product Z uses 10 ft (this is to produce one unit). Ribbon has a consistant cost of 50 cents per ft. The Direct labor ours necessary for production for one unit are 5 (X), 11 (Y), and 15 (Z) respectively. The average cost is $14 per labor hour (use this for DL costs). The plantwide overhead rate is 1.5 per labor hour. Please determine the following cost overall for each product type based on the assumption that they produced 50 units of each product.

Question: Determine your Gross Profit per if the products have a sale price of $20 (X), $32(Y), $45 (Z) respectively.

X=

Y=

Z=