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Bruce Corporation makes four products In a single facility. These products have the following unit product costs: Products Direct materials D $13.70 $ 9.60 $10.40 $10.00 Direct labor 18.80 26.80 33.00 39.80 Variable manufacturing overhead Fixed manufacturing overhead Unit product cost 3.70 2.10 2.00 2.60 25.90 34.20 26.00 36.60 $62.10 $72.70 $71.40 $89.00 Additional data concerning these products are listed below. Products A Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 3.20 4.40 3.70 2.80 $75.50 $92.90 $86.80 $103.60 $ 1.60 $ 0.60 $ 2.7e $ 3,400 3,400 2,400 1.00 2,600 The grinding machines are potentlally the constralnt In the production facility. A total of 53,100 minutes are avallable per month on these machines. Direct labor is a varlable cost in this company. How many mlnutes of grindlng machine time would be required to satisfy demand for all four products?

Bruce Corporation makes four products In a single facility. These products have the following unit product costs: Products Direct materials D $13.70 $ 9.60 $10.40 $10.00 Direct labor 18.80 26.80 33.00 39.80 Variable manufacturing overhead Fixed manufacturing overhead Unit product cost 3.70 2.10 2.00 2.60 25.90 34.20 26.00 36.60 $62.10 $72.70 $71.40 $89.00 Additional data concerning these products are listed below. Products A Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 3.20 4.40 3.70 2.80 $75.50 $92.90 $86.80 $103.60 $ 1.60 $ 0.60 $ 2.7e $ 3,400 3,400 2,400 1.00 2,600 The grinding machines are potentlally the constralnt In the production facility. A total of 53,100 minutes are avallable per month on these machines. Direct labor is a varlable cost in this company. How many mlnutes of grindlng machine time would be required to satisfy demand for all four products?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Bruce Corporation makes four products In a single facility. These products have the following unit product costs: Products Direct materials A B D $13.70 $ 9.60 $10.40 $10.00 Direct labor 18.80 26.80 33.00 39.80 Variable manufacturing overhead Fixed manufacturing overhead Unit product cost 3.70 2.10 2.00 2.60 25.90 34.20 26.00 36.60 $62.10 $72.70 $71.40 $89.00 Additional data concerning these products are listed below. Products A B Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 3.20 4.40 3.70 2.80 $75.50 $92.90 $86.80 $103.60 $ 1.60 $ 0.60 $ 2.7e $ 1.00 3,400 3,400 2,400 2,600 The grinding machines are potentlally the constraint Inf Direct labor Is a varlable cost In this company. production facility. A total of 53,100 minutes are avallable per month on these machines. How many minutes of grinding machlne time would be reguired to satisfy demand for all four products? Multiple Choice 53,100 8,980 31,120 42,000
Transcribed Image Text:Bruce Corporation makes four products In a single facility. These products have the following unit product costs: Products Direct materials A B D $13.70 $ 9.60 $10.40 $10.00 Direct labor 18.80 26.80 33.00 39.80 Variable manufacturing overhead Fixed manufacturing overhead Unit product cost 3.70 2.10 2.00 2.60 25.90 34.20 26.00 36.60 $62.10 $72.70 $71.40 $89.00 Additional data concerning these products are listed below. Products A B Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 3.20 4.40 3.70 2.80 $75.50 $92.90 $86.80 $103.60 $ 1.60 $ 0.60 $ 2.7e $ 1.00 3,400 3,400 2,400 2,600 The grinding machines are potentlally the constraint Inf Direct labor Is a varlable cost In this company. production facility. A total of 53,100 minutes are avallable per month on these machines. How many minutes of grinding machlne time would be reguired to satisfy demand for all four products? Multiple Choice 53,100 8,980 31,120 42,000
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