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
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
11q18
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
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Horizontal Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education