Please help me with answers that are blank . Optimal production A. It is not 360
ID: 2593171 • Letter: P
Question
Please help me with answers that are blank . Optimal production A. It is not 360, 3200 or 3600. Those answers are wrong.
and maximum amount? it is not 15.68
Everything else that are not blank is correct.
Please help
Explanation / Answer
a. Demand on the mixing machine Products A B C Mixing minutes per unit 1.2 0.9 0.3 Monthly demand in units 3,200 4,500 2,500 total minutes required 3840 4050 750 8640 total time required for all products 8,640 b) optimal production plan A B C selling price per unit 82 104.4 97.9 direct materials 35.2 51.7 58.1 direct labor 22.6 25.2 16 variable MOH 2.4 1.8 1.7 variable selling cost per unit 3 3.5 3.3 total variable cost per unit 63.2 82.2 79.1 contribution margin per unit 18.8 22.2 18.8 mixing minutes per unit 1.2 0.9 0.3 CM per minute 15.67 24.67 62.67 ranks in terms of profitability 3 2 1 optimal production 3,117 4,500 2,500 time available for A = (8,540 - 750-4050)= 3740 1.2 minutes required for one unit so in 3740 mins it will produce 3740/1.2 = 3116.667 units c) Maximum amount it will be willing to pa will be 15.67