Ee.59. Leach Finishing makes various metal fittings for the construction industry. Three of the fittings, models X-12, X-24, and X-30, requiregrinding on a patented machine of which Leach has only one. The cost of production information for the three products follow:X-12$29$ 1418.0Price per fittingVariable cost per fittingUnits per hour of grindingThe testing machine used for both models has a capacity of 2,870 hours annually. Fixed manufacturing costs are $484,000 annually.Required A Required BX-24X-12X-24X-30X-30$45$ 2112.5Required:a. Suppose that Leach Finishing can sell at most 55,600 units of any one fitting. How many units of each fitting model should LeachFinishing produce annually?b. Suppose that Leach Finishing can sell at most 15,300 units of any one fitting. How many units of each fitting should Leach Finishingproduce annually?unitsunitsunitsComplete this question by entering your answers in the tabs below.$64$3810.0Suppose that Leach Finishing can sell at most 55,600 units of any one fitting. How many units of each fitting model shouldLeach Finishing produce annually?

Statement of ranking indicating which product to produced first, second and third…

Answered: Ee.59 | bartleby

Business

Accounting

Ee.59

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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Question

Ee.59.

Leach Finishing makes various metal fittings for the construction industry. Three of the fittings, models X-12, X-24, and X-30, require
grinding on a patented machine of which Leach has only one. The cost of production information for the three products follow:
X-12
$29
$ 14
18.0
Price per fitting
Variable cost per fitting
Units per hour of grinding
The testing machine used for both models has a capacity of 2,870 hours annually. Fixed manufacturing costs are $484,000 annually.
Required A Required B
X-24
X-12
X-24
X-30
X-30
$45
$ 21
12.5
Required:
a. Suppose that Leach Finishing can sell at most 55,600 units of any one fitting. How many units of each fitting model should Leach
Finishing produce annually?
b. Suppose that Leach Finishing can sell at most 15,300 units of any one fitting. How many units of each fitting should Leach Finishing
produce annually?
units
units
units
Complete this question by entering your answers in the tabs below.
$64
$38
10.0
Suppose that Leach Finishing can sell at most 55,600 units of any one fitting. How many units of each fitting model should
Leach Finishing produce annually?

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