The grinding machines are potentially the constraint in the production facility. A total of 89,600 minutes are available per month on these machines.Direct labor is a variable cost in this company.Up to how much should the company be willing to pay for one additional minute of grinding machine time if the company has made the best use of theexisting grinding machine capacity?Note: Round your intermediate calculations to 2 decimal places.Multiple ChoiceO$6.40$10.32$8.85$3.20 Bruce Corporation makes four products in a single facility. These products have the following unit product costs:ProductsDirect materialsDirect laborVariable manufacturing overheadFixed manufacturing overheadUnit product costAdditional data concerning these products are listed below.ABC$15.30 $ 11.20 $12.0020.4028.4034.603.703.604.2035.80 27.6038.20$79.10 $ 77.80 $ 95.405.3027.50$ 68.50Multiple ChoiceA4.80$77.10$ 3.205,000D$11.6041.40ProductsCD4.405.30$88.40 $ 105.20$ 4.30$ 2.604,0003,000Grinding minutes per unitB6.30$ 94.50$ 2.20Selling price per unitVariable selling cost per unitMonthly demand in units5,000The grinding machines are potentially the constraint in the production facility. A total of 89,600 minutes are available per month on these machines.Direct labor is a variable cost in this company.Up to how much should the company be willing to pay for one additional minute of grinding machine time if the company has made the best use of theexisting grinding machine capacity?Note: Round your intermediate calculations to 2 decimal places.

Total variable cost = Direct materials + Direct labor + Variable manufacturing overhead + Variable…

Answered: The grinding machines are potentially…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Please complete all work in excel. Use excel to make any necessary calculations and be sure to identify your answer, including units (if necessary). Answers that need formulas must have them within the answer cell to receive full credit. City is trying to determine future demand for their public pool in order to help with staffing decisions. City thinks that demand could be related to temperature in Fahrenheit. Below is the most recent data from the last two weeks. Pool Attendance Temperature (°F) 150 89 100 82 125 81 130 86 155 93 170 98 200 99 180 87 190 88 140 83 120 82 90 81 130 87 120 93 What is the regression equation? Use the equation to forecast pool attendance if temperature is 88°
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Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 45%in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only production change that will be made in order to meet the increased demand.The bakery currently makes 1,800 loaves per month. Employees are paid $8 per hour. In addition to the labor cost, Charles also has a constant utility cost per month of $650 and a per loaf ingredient cost of $0.40. After increasing the number of work hours to 928 per month,what is the multifactor productivity =? loaves/dollar (round your response to…

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