Question 3. MALI Itd produces the following products: Products G U N Total Contribution per unit £10 £6 £4 Labour hours 5 2 1 Demand (units) 60 70 80 REQUIRED: (a) First calculate how many hours are needed to produce all products. (b) Second, provided that we are limited to 300 total hrs, how could you distribute the optimal quantity of hours. (c) How many products would you produce in each of them? (d) How could a company such as this with a short-term problem of staff shortages overcome this in the long-term?

Question 3. MALI Itd produces the following products: Products G U N Total Contribution per unit £10 £6 £4 Labour hours 5 2 1 Demand (units) 60 70 80 REQUIRED: (a) First calculate how many hours are needed to produce all products. (b) Second, provided that we are limited to 300 total hrs, how could you distribute the optimal quantity of hours. (c) How many products would you produce in each of them? (d) How could a company such as this with a short-term problem of staff shortages overcome this in the long-term?

Name: Question 3.MALI Itd produces the following products:ProductsGUTotalCo
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Description: Question 3.MALI Itd produces the following products:ProductsGUTotalContribution per unitLabour hours£10£6£451Demand (units)607080REQUIRED:(a) First calculate how many hours are needed to produce all products.(b) Second, provided that we are limited

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 38 Insourcing incurs an annual fixed cost of $30,000 and a variable cost of $60 per unit. Outsourcing incurs an annual fixed cost of $50,000 and a variable cost of $20 per unit. Using the Make-or-Buy analysis, what is the indifference point between the two alternatives? (Note your answer for question 39) a) 500 units b) 1000 units c) 1500units d) 2000 units e) 800 units QUESTION 39 For the scenario in Q38, anticipated demand is then forecast to be 1000 units. Which option would be most appropriate? a) Insource b) Outsource c) Either option d) Not enough information to evaluate e) None
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