Bruce Corporation makes four products In a single facility. These products have the following unit product costs: Products Direct materials D $13.70 $ 9.60 $10.40 $10.00 Direct labor 18.80 26.80 33.00 39.80 Variable manufacturing overhead Fixed manufacturing overhead Unit product cost 3.70 2.10 2.00 2.60 25.90 34.20 26.00 36.60 $62.10 $72.70 $71.40 $89.00 Additional data concerning these products are listed below. Products A Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 3.20 4.40 3.70 2.80 $75.50 $92.90 $86.80 $103.60 $ 1.60 $ 0.60 $ 2.7e $ 3,400 3,400 2,400 1.00 2,600 The grinding machines are potentlally the constralnt In the production facility. A total of 53,100 minutes are avallable per month on these machines. Direct labor is a varlable cost in this company. How many mlnutes of grindlng machine time would be required to satisfy demand for all four products?

Bruce Corporation makes four products In a single facility. These products have the following unit product costs: Products Direct materials D $13.70 $ 9.60 $10.40 $10.00 Direct labor 18.80 26.80 33.00 39.80 Variable manufacturing overhead Fixed manufacturing overhead Unit product cost 3.70 2.10 2.00 2.60 25.90 34.20 26.00 36.60 $62.10 $72.70 $71.40 $89.00 Additional data concerning these products are listed below. Products A Grinding minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units 3.20 4.40 3.70 2.80 $75.50 $92.90 $86.80 $103.60 $ 1.60 $ 0.60 $ 2.7e $ 3,400 3,400 2,400 1.00 2,600 The grinding machines are potentlally the constralnt In the production facility. A total of 53,100 minutes are avallable per month on these machines. Direct labor is a varlable cost in this company. How many mlnutes of grindlng machine time would be required to satisfy demand for all four products?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...

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