**Cost Analysis of Products in Bruce Corporation**Bruce Corporation manufactures four products in a single facility. Below is the detailed breakdown of their unit product costs:### 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 provided below:### Additional Data| | **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** | 4000 | 2000 | 4000 | 2000 |### Production Constraint and Problem StatementThe grinding machines are potentially the constraint in the production facility. A total of 9,000 minutes are available per month on these machines. **Task:** Calculate how many minutes of grinding machine time would be required to meet the demand for all four products.### Multiple Choice- [ ] 10,800- [ ] 9,800- [ ] 10,500- [ ] 12,000

Answer:- Direct materials meaning:- Direct materials are the ingredients used to create a…

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 C 10,800 9,800 10,500 A $19.90 12.20 1.60 10.80 $44.50 12.000 A 1.20 $59.30 $ 3.60 4,000 B $15.20 C $20.80 8.70 10.50 2.10 2.00 11.90 8.80 $ 37.90 $ 42.10 Products The grinding machines are potentially the constraint in the production facility. A total of 9,000 minutes are available per month 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? B 0.70 $ 51.70 $ 1.50 2,000 C 0.60 $59.50 $2.20 4,000 D $23.20 7.40 2.10 10.70 $43.40 D 0.60 $ 55.60 $ 3.60 2,000

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 C 10,800 9,800 10,500 A $19.90 12.20 1.60 10.80 $44.50 12.000 A 1.20 $59.30 $ 3.60 4,000 B $15.20 C $20.80 8.70 10.50 2.10 2.00 11.90 8.80 $ 37.90 $ 42.10 Products The grinding machines are potentially the constraint in the production facility. A total of 9,000 minutes are available per month 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? B 0.70 $ 51.70 $ 1.50 2,000 C 0.60 $59.50 $2.20 4,000 D $23.20 7.40 2.10 10.70 $43.40 D 0.60 $ 55.60 $ 3.60 2,000

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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