Q.13. Bruce Corporation makes four products in a single facility. These products have the following unit product costsDirect materialsDirect laborVariable manufacturing overheadFixed manufacturing overheadUnit product costAdditional data concerning these products are listed belowGrinding minutes per unitSelling price per unitVariable selling cost per unitMonthly demand in unitsMultiple ChoiceOOO$3.80$12.42$14.7019.80$10.364.7026.90$66.10$7004.20$ 76.50$ 2.604,400ProductsThe grinding machines are potentially the constraint in the production facility. A total of 68.300 minutes are available per month on these machinesDirect labor is a variable cost in this companyC$13.60 $11.4027.8034.003,0027.00Up to how much should the company be willing to pay for one additional minute of grinding machine sine if the company has made the best use of the existinggrinding machine capacity? (Round your intermediate calculations to 2 decimal places)3.1036.20$76.70 $75.40Products5.70$ $3.90$1.604,400D$ 11.0040.803.6037.60$93.0003.004.70$87.50 $ 104.00$3.70$2.003,4002,400D

Contribution Margin=Selling Price-Variable Costs

Bruce Corporation makes four products in a single facility. These products have the following une product costs Direct materials Direct labor Variable manufacturing overhead Fixed manufa Unit product cast Additional data concerning these products are listed below ring overhead Grinding minutes per unit Selling price per wilt $14.70 19.00 4.70 26.99 $66.30 A Products $18.60 27.80 $11.40 $11.00 34.00 40.00 3.10 3,00 3.60 55.20 27.00 37.60 $76.70 $75.00 $93.00 Products 1 4.20 176.50 5.70 $13.90 $ 2.60 $1.00 4,400 COND 4.70 3.00 $7.00 $0.00 $ 3.70 12.00 3,406 3,400 The grinding machines are potentially the constant in the production facility A total of 6300 minutes are available per month on these machines Direct labor is a variable c the company Up to how much should the mpany be wiling to pay for one addisional mute of grinding machine weit the company has made the best use of the existing grinding machine capacity? Round your intermediate calculations to 2 decimal places)

Bruce Corporation makes four products in a single facility. These products have the following une product costs Direct materials Direct labor Variable manufacturing overhead Fixed manufa Unit product cast Additional data concerning these products are listed below ring overhead Grinding minutes per unit Selling price per wilt $14.70 19.00 4.70 26.99 $66.30 A Products $18.60 27.80 $11.40 $11.00 34.00 40.00 3.10 3,00 3.60 55.20 27.00 37.60 $76.70 $75.00 $93.00 Products 1 4.20 176.50 5.70 $13.90 $ 2.60 $1.00 4,400 COND 4.70 3.00 $7.00 $0.00 $ 3.70 12.00 3,406 3,400 The grinding machines are potentially the constant in the production facility A total of 6300 minutes are available per month on these machines Direct labor is a variable c the company Up to how much should the mpany be wiling to pay for one addisional mute of grinding machine weit the company has made the best use of the existing grinding machine capacity? Round your intermediate calculations to 2 decimal places)

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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