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Bruce Corporation makes four products in a single facility. These products have the following unit product costs Products Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Unit product cost Additional data concerning these products are listed below. Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units Multiple Choice 26,220 18,940 $ 13.10 18.20 3.10 25.30 $59.70 5,680 A 2.60 $ 74.90 $ 1.00 2,800 B D $ 9.00 $9.80 $9.40 26.20 32.40 39.20 1.50 1.40 33.60 25.40 2.00 36.00 $70.30 $69.00 $ 86.60 The grinding machines are potentially the constraint in the production facility. A total of 52,500 migutes are available per month on these machines. Direct labor is a variable cost in this company. How many minutes of grinding machine time would be required to satisfy demand for all four products? Products B 3.20 $ 92.30 $ 0.00 2,800 D 3.10 2.20 $ 86.20 $ 103.00 $ 2.10 $ 0.40 1,800 2,000

Bruce Corporation makes four products in a single facility. These products have the following unit product costs Products Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Unit product cost Additional data concerning these products are listed below. Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units Multiple Choice 26,220 18,940 $ 13.10 18.20 3.10 25.30 $59.70 5,680 A 2.60 $ 74.90 $ 1.00 2,800 B D $ 9.00 $9.80 $9.40 26.20 32.40 39.20 1.50 1.40 33.60 25.40 2.00 36.00 $70.30 $69.00 $ 86.60 The grinding machines are potentially the constraint in the production facility. A total of 52,500 migutes are available per month on these machines. Direct labor is a variable cost in this company. How many minutes of grinding machine time would be required to satisfy demand for all four products? Products B 3.20 $ 92.30 $ 0.00 2,800 D 3.10 2.20 $ 86.20 $ 103.00 $ 2.10 $ 0.40 1,800 2,000

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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Bruce Corporation makes four products in a single facility. These products have the following unit product costs Products Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Unit product cost Additional data concerning these products are listed below. Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units Multiple Choice 26,220 18,940 $ 13.10 18.20 3.10 25.30 $59.70 5,680 A 2.60 $ 74.90 $ 1.00 2,800 B D $ 9.00 $9.80 $9.40 26.20 32.40 39.20 1.50 1.40 33.60 25.40 2.00 36.00 $70.30 $69.00 $ 86.60 The grinding machines are potentially the constraint in the production facility. A total of 52,500 migutes are available per month on these machines. Direct labor is a variable cost in this company. How many minutes of grinding machine time would be required to satisfy demand for all four products? Products B 3.20 $ 92.30 $ 0.00 2,800 D 3.10 2.20 $ 86.20 $ 103.00 $ 2.10 $ 0.40 1,800 2,000
Transcribed Image Text:Bruce Corporation makes four products in a single facility. These products have the following unit product costs Products Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Unit product cost Additional data concerning these products are listed below. Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units Multiple Choice 26,220 18,940 $ 13.10 18.20 3.10 25.30 $59.70 5,680 A 2.60 $ 74.90 $ 1.00 2,800 B D $ 9.00 $9.80 $9.40 26.20 32.40 39.20 1.50 1.40 33.60 25.40 2.00 36.00 $70.30 $69.00 $ 86.60 The grinding machines are potentially the constraint in the production facility. A total of 52,500 migutes are available per month on these machines. Direct labor is a variable cost in this company. How many minutes of grinding machine time would be required to satisfy demand for all four products? Products B 3.20 $ 92.30 $ 0.00 2,800 D 3.10 2.20 $ 86.20 $ 103.00 $ 2.10 $ 0.40 1,800 2,000
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