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pentagon [3]
3 years ago
14

Bacon Company makes four products in a single facility. These products have the following unit product costs: Products A B C D D

irect materials $ 14.95 $ 10.85 $ 11.65 $ 11.25 Direct labor 20.05 28.05 34.25 41.05 Variable manufacturing overhead 4.95 3.35 3.25 3.85 Fixed manufacturing overhead 27.15 35.45 27.25 37.85 Unit product cost $ 67.10 $ 77.70 $ 76.40 $ 94.00 Additional data concerning these products are listed below. Products A B C D Grinding minutes per unit 3.80 5.30 4.30 3.40 Selling price per unit $ 76.75 $ 94.15 $ 88.05 $ 104.85 Variable selling cost per unit $ 2.85 $ 1.85 $ 3.95 $ 2.25 Monthly demand in units 4,260 4,260 3,260 2,260 The grinding machines are the constraint in the production facility. A total of 54,900 minutes is available per month on these machines. Direct labor is a variable cost in this company. How many minutes of grinding machine time would be required to satisfy demand for all four products?
Business
1 answer:
vredina [299]3 years ago
8 0

Answer:

minutes of grinding= 60,468 minutes

Explanation:

Giving the following information:

Grinding minutes per unit:  

Product A= 3.80

Product B= 5.30

Product C= 4.30

Product D= 3.40

Monthly demand in units:    

Product A= 4,260

Product B= 4,260

Product C= 3,260

Product D= 2,260

A total of 54,900 minutes is available per month on these machines.

minutes of grinding= Total product A + Total product B + Total product C + Total product D

minutes of grinding=4260*3.80 + 4260*5.3 + 3260*4.3 + 2260*3.4= 60,468 minutes

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Explanation:

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5 0
2 years ago
n autarky, suppose that equilibrium sugar price is $100 per ton in Birdonia, a small agricultural nation. Now, suppose Birdonia
Rainbow [258]

Answer:

the domestic price of sugar will increase to $125.

Explanation:

Since the world price of sugar is higher than the domestic price, domestic producers of sugar will export their products in order to earn a higher profit. That will eventually lead to an increase in the equilibrium price from $100 (former equilibrium price) to a higher price equal to the world price ($125).

6 0
3 years ago
Stephen runs a pet salon. He is currently grooming 130130 dogs per week. If instead of grooming 130130 ​dogs, he grooms 131131 ​
borishaifa [10]

Answer:

Profit will increase by $2.3

Explanation:

Data provided in the question:

If instead of grooming 130130 ​dogs, he grooms 131131 ​dogs

Marginal cost = $65.82

Marginal revenue = $68.12

Now,

The effect on his profits of grooming 131 dogs instead of 130 ​dogs will be:

Change in profit = Marginal revenue - Marginal cost

or

Change in profit = $68.12 - $65.82

or

Change in profit = $2.3

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Profit will increase by $2.3

7 0
3 years ago
"A mutual fund manager of a "high technology" fund feels that the market for this sector will remain flat in the next coming mon
qaws [65]

Answer:  C.  narrow-based calls

Explanation:

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The manager should invest in Narrow based calls that focus on the sector if he anticipates that the market will remain flat for the sector. Narrow based Calls are more volatile because they are specific and with the volatility comes higher premiums to be charged.

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5 0
3 years ago
Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in Au
blsea [12.9K]

Answer:

$ 2,100.00 F

Explanation:

Preparation of the report showing the company's revenue and spending variances for August.

QUILCENE OYSTERIA

REVENUE AND SPENDING VARIANCES

For the Month Ended August 31

Actual Results Flexible Budget

Revenue and Spending Variances

Pounds 8,000 8,000

Revenue ($4.00q) $

35,200- $32,000 =$3,200 F

Expenses:

Packing supplies ($0.50q)

4,200-4,000=200 U

Oyster bed maintenance ($3,200)

3,100-3,200=100 F

Wages and salaries ($2,900 + $0.30q) 5,640-5,300=340 U

Shipping ($0.80q)

6,950-6,400=550 U

Utilities ($830) 810-830=20 F

Other

($450 + $0.05q) 980 -850=130 U

TOTAL EXPENSE

21,680 20,580 1,100 U

NET OPERATING INCOME

$ 13,520 $ 11,420 $ 2,100 F

(35,200-21,680=$ 13,520)

($32,000-20,580=$11,420)

($3,200-1,100=$2,100)

Summary:

Quilcene Oysteria

Revenues and Spending Variance

For the Month ended August 31

Revenue $ 3,200.00 F

Expenses:

Packing supplies $ 200.00 U

Oyster Bed Maintenance $ 100.00 F

Wages and Salaries $ 340.00 U

Shipping $ 550.00 U

Utilities $ 20.00 F

Other $ 130.00 U

Total Expenses $ 1,100.00 U

Net Operating Income $ 2,100.00 F

Therefore the company's revenue and spending variances for August will be :$ 2,100.00 F

7 0
3 years ago
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