37. How many kg of material were available for use in production?A company uses limiting factor analysis to calculate an optimal production plan given a scarcresource. The following applies to the three products of the company:Product7///Direct materials (at P6/kg)P36P24P15Direct labor (at P10/hour)402510Variable overheads (P2/hour)52Maximum demand (units)2,000 4,0004,000Optimal production plan2,000 1,500 4,000O a 15,750 kgOb 28,000 kg,c 30,000 kgOd 38,000 kg

Number of kg of material available for use in production is = summation of optimal production…

37. How many kg of material were available for use in production? A company uses limiting factor analysis to calculate an optimal production plan given a scarc resource. The following applies to the three products of the company: Product 7 //I Direct materials (at P6/kg) P36 P24 P15 Direct labor (at P10/hour) 40 25 10 Variable overheads (P2/hour) 5 2 Maximum demand (units) 2,000 4,000 4,000 Optimal production plan 2,000 1,500 4,000 O a 15,750 kg Ob 28,000 kg, c 30,000 kg Od 38,000 kg

37. How many kg of material were available for use in production? A company uses limiting factor analysis to calculate an optimal production plan given a scarc resource. The following applies to the three products of the company: Product 7 //I Direct materials (at P6/kg) P36 P24 P15 Direct labor (at P10/hour) 40 25 10 Variable overheads (P2/hour) 5 2 Maximum demand (units) 2,000 4,000 4,000 Optimal production plan 2,000 1,500 4,000 O a 15,750 kg Ob 28,000 kg, c 30,000 kg Od 38,000 kg

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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