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 Products A $ 14.90 $ 10.80 $ 11.60 $11.20 20.00 28.00 34.20 4.90 3.30 3.20

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 Products A $ 14.90 $ 10.80 $ 11.60 $11.20 20.00 28.00 34.20 4.90 3.30 3.20

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 5PB: Wrappers Tape makes two products: Simple and Removable. It estimates it will produce 369,991 units...

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.

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100%

14.90

$ 10.80 $ 11.60 $11.20 20.00 28.00 34.20 4.90 3.30 3.20 27.10 35.40 27.20 D 41.00 3.80 37.80 $66.90 $ 77.50 $

76.20 $93.80 Additional data concerning these products are listed below. Products Grinding minutes per unit Selling

price per unit Variable selling cost per unit Monthly demand in units ACD 4.40 5.90 4.90 4.00 5 76.70 $ 94.10 5 88.00 $ 104.80 $ 2.80 $ 1.80 5 3.90 $ 2.20 4,600 4,600 3,600 2,600 The grinding machines are potentially the constraint in the production facility. A total of 54,200 minutes 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?

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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. Multiple Choice $10.11 $13.52 $5.06 A $13.80 18.90 3.80 26.00 $ 62.50 $17.21 A 3.30 $ 75.60 $ 1.70 3,500 Products B C $ 9.70 $ 10.50 26.90 33.10 2.20 2.10 34.30 26.10 $ 73.10 $ 71.80 Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units The grinding machines are potentially the constraint in the production facility. A total of 44,000 minutes are available per month on these machines. Direct labor is a variable cost in this company. Up to how much should the company be willing to pay for one additional minute of grinding machine time if the company has made the best use of the existing grinding machine capacity? Note: Round your intermediate calculations to 2…
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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. Multiple Choice Product C Product B Product D Product A Products A B C D $17.20 $ 21.10 $ 14.10 $ 16.80 19.20 22.60 17.00 11.00 6.00 7.20 29.10 16.00 $71.50 A 2.25 $ 86.70 $ 2.95 4,600 9.70 16.10 $66.90 $ 56.90 Products Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units. The grinding machines are potentially the constraint in the production facility. A total of 10,500 minutes are available per month on these machines. Direct labor is a variable cost in this company. Which product makes the MOST profitable use of the grinding machines? Note: Round your intermediate calculations to 2 decimal places. B 1.30 $ 79.10 $ 3.65 3,600 C 0.85 $ 75.90 $4.40 3,600
Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C D Direct materials $ 19.90 $ 15.20 $ 20.80 $ 23.20 Direct labor 12.20 8.70 10.50 7.40 Variable manufacturing overhead $ 1.60 $ 2.10 $ 2.00 $ 2.10 Fixed manufacturing overhead 10.80 11.90 8.80 10.70 Unit product cost 44.50 37.90 42.10 43.40 Additional data concerning these products are listed below. Products A B C D Grinding minutes per unit 1.20 0.70 0.60 0.60 Selling price per unit $ 59.30 $ 51.70 $ 59.50 $ 55.60 Variable selling cost per unit $ 3.60 $ 1.50 $ 2.20 $ 3.60 Monthly demand in units 4,000 2,000 4,000 2,000 The grinding machines are potentially the constraint in the production facility. A total of 9,000 minutes are available per month on these machines. Direct labor is a variable cost in this company. Which product makes the MOST profitable use of the grinding machines? (Round your intermediate calculations to…