Question
In: Accounting
Siyi Ltd is a specialist engineering firm that makes four products, for which the following information...
Siyi Ltd is a specialist engineering firm that makes four
products, for which the following information is available:
A B C D
Selling price per unit £100 £64 £54 £62
Variable cost per unit £50 £40 £42 £30
Weekly demand (units) 40 70 50 80
Machine hours per unit 5 2 3 4
Due to a recent market boom, demand is now outstripping the
capacity of its plant, which is constrained to 500 hours machine
time per week. In the medium-term, the management will consider
expanding capacity but there remains a short-term problem of how to
allocate the available capacity among the four products.
Required:
A) Determine the optimising plan for using the available
machine hours in the short-term, and calculate the maximum
achievable contribution.
B) Calculate the shortfall in contribution imposed by the
constraint on machine hours, the maximum contribution in the
absence of a machine hour constraint, and how many additional
machine hours are required.
Solutions
Expert Solution
Workings for Question A:
Answer to Question A:
Answer to Question B:
ekkarill92 answered 2 years agoRelated Solutions
Duke Ltd makes and sells two products. A and B. The following information is available for...
Duke Ltd makes and sells two products. A and B. The following
information is available for period 3:
A
B
Production
(units
2,500
1,750
Sales
(units)
2,300 1,600
Opening inventory
(units)
0
0
Financial
data:
A
B
₵
₵
Unit selling
price
90
75
Unit cost:
Direct
materials
15
12
Direct
labour
18
12
Variable production
overheads
12
8
Fixed production
overheads
30
20
Variable selling
overheads
1
1
Fixed production overheads...
Assume that a firm makes payments of $400 a day, which take an average of four...
Assume that a firm makes payments of $400 a day, which take an
average of four days to clear, and that it receives $750 a day in
cheques, which take an average of three days to clear. Calculate
the firm's net float.
A) $650
B) -$650
C) $1,600
D) $2,250
E) -$2,250
Bruce Corporation makes four products in a single facility. These products have the following unit product...
Bruce Corporation makes four products in a single facility.
These products have the following unit product costs:
Products
A
B
C
D
Direct materials
$
16.30
$
20.20
$
13.20
$
15.90
Direct labor
18.30
21.70
16.10
10.10
Variable manufacturing overhead
5.10
6.30
8.80
5.80
Fixed manufacturing overhead
28.20
15.10
15.20
17.20
Unit product cost
$
67.90
$
63.30
$
53.30
$
49.00
Additional data concerning these products are listed below.
Products
A
B
C
D
Grinding minutes per unit...
Bruce Corporation makes four products in a single facility. These products have the following unit product...
Bruce Corporation makes four products in a single facility.
These products have the following unit product costs:
Products
A
B
C
D
Direct materials
$
13.10
$
9.00
$
9.80
$
9.40
Direct labor
18.20
26.20
32.40
39.20
Variable manufacturing overhead
3.10
1.50
1.40
2.00
Fixed manufacturing overhead
25.30
33.60
25.40
36.00
Unit product cost
59.70
70.30
69.00
86.60
Additional data concerning these products are listed below.
Products
A
B
C
D
Grinding minutes per unit
2.60
3.20
3.10
2.20...
Bruce Corporation makes four products in a single facility. These products have the following unit product...
Bruce Corporation makes four products in a single facility.
These products have the following unit product costs:
Products
A
B
C
D
Direct materials
$
19.90
$
15.20
$
20.80
$
23.20
Direct labor
12.20
8.70
10.50
7.40
Variable manufacturing overhead
1.60
2.10
2.00
2.10
Fixed manufacturing overhead
10.80
11.90
8.80
10.70
Unit product cost
$
44.50
$
37.90
$
42.10
$
43.40
Additional data concerning these products are listed below.
Products
A
B
C
D
Grinding minutes per unit...
Master Company makes four products in a single facility. These products have the following unit product...
Master Company makes four products in a single facility. These
products have the following unit product costs:
Products
A
B
C
D
Direct materials
$
19.90
$
15.20
$
20.80
$
23.20
Direct labor
12.20
8.70
10.50
7.40
Variable manufacturing overhead
$
1.60
$
2.10
$
2.00
$
2.10
Fixed manufacturing overhead
10.80
11.90
8.80
10.70
Unit product cost
44.50
37.90
42.10
43.40
Additional data concerning these products are listed below.
Products
A
B
C
D
Grinding minutes per unit...
Bacon Company makes four products in a single facility. These products have the following unit product...
Bacon Company makes four products in a single facility. These
products have the following unit product costs: Products A B C D
Direct materials $ 14.90 $ 10.80 $ 11.60 $ 11.20 Direct labor 20.00
28.00 34.20 41.00 Variable manufacturing overhead 4.90 3.30 3.20
3.80 Fixed manufacturing overhead 27.10 35.40 27.20 37.80 Unit
product cost $ 66.90 $ 77.50 $ 76.20 $ 93.80 Additional data
concerning these products are listed below. Products A B C D
Grinding minutes per unit...
Bacon Company makes four products in a single facility. These products have the following unit product...
Bacon Company makes four products in a single facility. These
products have the following unit product costs:
Products
A
B
C
D
Direct materials
$
14.85
$
10.75
$
11.55
$
11.15
Direct labor
19.95
27.95
34.15
40.95
Variable manufacturing overhead
4.85
3.25
3.15
3.75
Fixed manufacturing overhead
27.05
35.35
27.15
37.75
Unit product cost
$
66.70
$
77.30
$
76.00
$
93.60
Additional data concerning these products are listed
below.
Products
A
B
C
D
Grinding minutes per unit...
Bruce Corporation makes four products in a single facility. These products have the following unit product...
Bruce Corporation makes four products in a single facility.
These products have the following unit product costs:
Products
A
B
C
D
Direct materials
$
14.80
$
10.70
$
11.50
$
11.10
Direct labor
19.90
27.90
34.10
40.90
Variable manufacturing
overhead
4.80
3.20
3.10
3.70
Fixed manufacturing
overhead
27.00
35.30
27.10
37.70
Unit product cost
66.50
77.10
75.80
93.40
Additional data concerning these products are listed below.
Products
A
B
C
D
Grinding minutes per unit
4.30
5.80
4.80
3.90...
Bruce Corporation makes four products in a single facility. These products have the following unit product...
Bruce Corporation makes four products in a single facility.
These products have the following unit product costs:
Products
A
B
C
D
Direct materials
$
14.60
$
10.50
$
11.30
$
10.90
Direct labor
19.70
27.70
33.90
40.70
Variable manufacturing overhead
4.60
3.00
2.90
3.50
Fixed manufacturing overhead
26.80
35.10
26.90
37.50
Unit product cost
65.70
76.30
75.00
92.60
Additional data concerning these products are listed below.
Products
A
B
C
D
Grinding minutes per unit
4.10
5.60
4.60
3.70...
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