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3 years ago

Holton Company makes three products in a single facility. Data concerning these products follow:

Business

1 answer:

evablogger [386]3 years ago

8 0

Answer:

86,700 minutes

Explanation:

a. Demand on the mixing machine:

Minutes required to produce 3000 units of A (3000 x 26.9) 80700

Minutes required to produce 1000 units of B (1000 x 2) 2000

Minutes required to produce 2000 units of C (2000 x 2) 4000

Total minutes = 86,700 minutes

Therefore, in order to satisfy the demand for all of the products they would need 86,700 minutes of mixing machine time,

but they only have 14,000 minutes available for each month.

This means that they cannot satisfy the demand with the number of minutes that they have available.

b.Optimal production plan:

Product A Product B Product C

Selling price per unit $ 137.10 $ 74.80 $ 167.60

Direct materials $ 59.70 $ 41.70 $ 100.70

Direct labor $ 43.00 $ 13.30 $ 29.50

Variable manufacturing overhead $ 8.20 $ 4.30 $ 13.80

Variable selling cost per unit $ 15.20 $ 3.10 $ 8.50

Total variable cost per unit $ 126.10 $ 62.40 $ 152.50

Contribution margin per unit $ 11.00 $ 12.40 $ 15.10

Mixing minutes per unit 26.90 2.00 2.00

Contribution margin per minute $0.41 $6.20 $7.55

Rank in terms of profitability 3 2 1

Optimal production 223 1,000 2,000

c. The company should be willing to pay $0.41 for one additional hour of mixing machine time if the company has made the best use of the existing mixing machine capacity for Product A.

For Product B the company should be willing to pay $6.20, and $7.55 for Product C.

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Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N OUnit sale

kolbaska11 [484]

Answer:

Selling price per composite unit= $11.3

Explanation:

Giving the following information:

Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2.

Unit price and cost data are: M N OUnit sales price$12 $10 $11

<u>First, we need to calculate the sales proportion for each product:</u>

M= 3/6= 0.5

N= 1/6= 0.17

O= 2/6= 0.33

<u>Now, the selling price per composite unit:</u>

Selling price per composite unit= (0.5*12) + (0.17*10) + (0.33*11)

Selling price per composite unit= $11.3

6 0

2 years ago

If Samatha finances the entire cost of a $700 bike at an APR of 2.95%, how much will she end up paying in total for the bike aft

12345 [234]

Based on the interest rate, the cost of the bike, and the period of payment, Samatha will pay $721.71.

<h3>What will Samatha pay?</h3>

Samatha will pay a certain amount monthly. That amount can be found as:

Loan amount = Amount x ( 1 - ( 1 + rate) ^-number of periods) / rate

Solving gives:

700 = Amount x ( 1 - (1 + 2.95%/12) ⁻²⁴ / 2.95%/12 months)

Amount = 700 / ( 1 - (1 + 2.95%/12) ⁻²⁴ / 2.95%12 months)

= $30.07

Total amount paid by Samatha:

= 30.07 x 24 months

= $721.71

Find out more on loan payments at brainly.com/question/26011426.

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1 year ago

Which of the following has the greatest impact on your cash flow?<br>

Delicious77 [7]

Answer:

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2 years ago

Devon, an accounts manager at a large electronics firm, does not have any direct international responsibilities; however, Devon

Nonamiya [84]

Answer:

Develop International management skills

Resolve commercial challenges. ...

Explanation:

Devon would most likely benefit from studying international business issues because it will help him:

1. Develop Management Skills: Devon might grow to a management position in an international company without having the required skills and knowledge on how to manage a multi-cultural business environment.

2. Resolve Commercial Challenges: Although Devon does not have international responsibilities, he might be appointed into a team or would be much more valued in the company if he proffers solution to commercial challenges. The ability to do so will be gained with a study in international business.

5 0

3 years ago

On July 31, the bookkeeping account Supplies Inventory shows a debit balance of $1,000. A physical inventory taken on that date

Tanya [424]

Answer:

$200

Explanation:

When Supplies inventory are purchased, a debit is posted to Supplies inventory and a credit to cash account or accounts payable.

As the inventories are used, debit Supplies expense and credit Supplies inventory account.

Given that $1,000 was the debit in the books and $800 per count, it means the books balance needs to be written down to the physical balance. The difference to be posted

= $1,000 - $800

= $200

This will be done by

Debit Supplies expense $200

Credit Supplies Inventory $200

Being entries to record inventory used in July

4 0

3 years ago