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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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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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