Superior Inc. produces three products. Production and cost information is as follows: Model Q Model R Model S Units produced 2,000 6,000 12,000 Direct labor hours 4,000 2,000 4,000 Number of setups 100 150 250 The consumption ratios for number of setups would be: Q R S a. 40%-20%-40% b. 20%-30%-50% c. 10%-30%-60% d. Some other numbers
Superior Inc. produces three products. Production and cost information is as follows: Model Q Model R Model S Units produced 2,000 6,000 12,000 Direct labor hours 4,000 2,000 4,000 Number of setups 100 150 250 The consumption ratios for number of setups would be: Q R S a. 40%-20%-40% b. 20%-30%-50% c. 10%-30%-60% d. Some other numbers
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Superior Inc. produces three products. Production and cost information is as follows:
Model Q Model R Model S
Units produced 2,000 6,000 12,000
Direct labor hours 4,000 2,000 4,000
Number of setups 100 150 250
The consumption ratios for number of setups would be:
Q R S
a. 40%-20%-40%
b. 20%-30%-50%
c. 10%-30%-60%
d. Some other numbers
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