Bacon Company makes four products in a single facility. These products have the following unit product costs: Products A B C D Direct 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?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Bacon Company makes four products in a single facility. These products have the following unit product costs: Products A B C D Direct ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
If you wanted to deliver something heavy into republican rome by cart, when would you make the delivery?
Answers (1)
Economic stability is defined as the condition in which there is
Answers (1)
In ancient greece, what property made gold a more likely candidate for use as money than wine?
Answers (1)
Assume that Jack, Hal, and Sophia enter into a valid contract for the sale of the restaurant and for the covenant not to compete for five years. After three years, Jack starts selling frozen foods in violation of the covenant not to compete.
Answers (1)
Grouper Corporation purchases a patent from Sheridan Company on January 1, 2017, for $46,000. The patent has a remaining legal life of 16 years. Grouper feels the patent will be useful for 10 years.
Answers (1)
New Questions in Business
A decedent owned 300 shares of closely held xyz stock jointly with her brother. this property must be reported on
Answers (1)
What is the document that the marketing researcher pledges to deliver as a result of the marketing research process?
Answers (1)
10.3. Gadgets are produced and sold in a competitive market. When there is no tax, the equilibrium price is $20 per gadget. The own-price elasticity of demand for gadgets is 0.5.
Answers (1)
The specific identification inventory method should be used when the inventory consists of identical, low-cost units that are purchased and sold frequently. True False
Answers (1)
Crystal Corporation produces a single product. The company's variable costing income statement for the month of May appears below: Crystal Corporation Income Statement For the month ended May 31 Sales ($22 per unit) $3,850,000 Variable expenses:
Answers (1)