ped 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 $ 33 $ 18 18.0 Price per fitting $ 49 $ 25 Variable cost per fitting. Units per hour of grinding 12.5 The testing machine used for both models has a capacity of 3,110 hours annually. Fixed manufacturing costs are $492,000 annually. Required: a. Suppose that Leach Finishing can sell at most 58,000 units of any one fitting. How many units of each fitting model should Leach Finishing produce annually? X-12 X-24 X-30 X-24 b. Suppose that Leach Finishing can sell at most 17,100 units of any one fitting. How many units of each fitting should Leach Finishing produce annually? Complete this question by entering your answers in the tabs below. units units units X-30 $ 68 $ 42 10.0 Required A Required B Suppose that Leach Finishing can sell at most 58,000 units of any one fitting. How many units of each fitting model should Leach Finishing produce annually?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Complete this question by entering your answers in the tabs below.
Required A Required 3
Suppose that Leach Finishing can sell at most 17,100 units of any one fitting. How many units of each fitting should Leach
Finishing produce annually?
X-12
X-24
X-30
units
untis
untis
Transcribed Image Text:Complete this question by entering your answers in the tabs below. Required A Required 3 Suppose that Leach Finishing can sell at most 17,100 units of any one fitting. How many units of each fitting should Leach Finishing produce annually? X-12 X-24 X-30 units untis untis
ped
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
$ 33
$ 18
18.0
X-24
Price per fitting
$ 49
Variable cost per fitting
$ 25
Units per hour of grinding
12.5
The testing machine used for both models has a capacity of 3,110 hours annually. Fixed manufacturing costs are $492,000 annually.
Required:
a. Suppose that Leach Finishing can sell at most 58,000 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 17,100 units of any one fitting. How many units of each fitting should Leach Finishing
produce annually?
Complete this question by entering your answers in the tabs below.
X-12
X-24
X-30
X-30
$68
$ 42
10.0
Required A Required B
Suppose that Leach Finishing can sell at most 58,000 units of any one fitting. How many units of each fitting model should
Leach Finishing produce annually?
units
units
units
<Required A
Required B >
Transcribed Image Text:ped 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 $ 33 $ 18 18.0 X-24 Price per fitting $ 49 Variable cost per fitting $ 25 Units per hour of grinding 12.5 The testing machine used for both models has a capacity of 3,110 hours annually. Fixed manufacturing costs are $492,000 annually. Required: a. Suppose that Leach Finishing can sell at most 58,000 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 17,100 units of any one fitting. How many units of each fitting should Leach Finishing produce annually? Complete this question by entering your answers in the tabs below. X-12 X-24 X-30 X-30 $68 $ 42 10.0 Required A Required B Suppose that Leach Finishing can sell at most 58,000 units of any one fitting. How many units of each fitting model should Leach Finishing produce annually? units units units <Required A Required B >
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