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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
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 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 O O O $3.80 $12.42 $14.70 19.80 $10.36 4.70 26.90 $66.10 $700 4.20 $ 76.50 $ 2.60 4,400 Products The grinding machines are potentially the constraint in the production facility. A total of 68.300 minutes are available per month on these machines Direct labor is a variable cost in this company C $13.60 $11.40 27.80 34.00 3,00 27.00 Up 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 existing grinding machine capacity? (Round your intermediate calculations to 2 decimal places) 3.10 36.20 $76.70 $75.40 Products 5.70 $ $3.90 $1.60 4,400 D $ 11.00 40.80 3.60 37.60 $93.00 0 3.00 4.70 $87.50 $ 104.00 $3.70 $2.00 3,400 2,400 D
Transcribed Image Text:Bruce Corporation makes four products in a single facility. These products have the following unit product costs 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 O O O $3.80 $12.42 $14.70 19.80 $10.36 4.70 26.90 $66.10 $700 4.20 $ 76.50 $ 2.60 4,400 Products The grinding machines are potentially the constraint in the production facility. A total of 68.300 minutes are available per month on these machines Direct labor is a variable cost in this company C $13.60 $11.40 27.80 34.00 3,00 27.00 Up 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 existing grinding machine capacity? (Round your intermediate calculations to 2 decimal places) 3.10 36.20 $76.70 $75.40 Products 5.70 $ $3.90 $1.60 4,400 D $ 11.00 40.80 3.60 37.60 $93.00 0 3.00 4.70 $87.50 $ 104.00 $3.70 $2.00 3,400 2,400 D
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