Question
In: Math
A company manufactures x units of Product A and y units of Product B, on two...
A company manufactures x units of Product A and y units of Product B, on two machines, I and II. It has been determined that the company will realize a profit of $3/unit of Product A and a profit of $6/unit of Product B. To manufacture a unit of Product A requires 6 min on Machine I and 5 min on Machine II. To manufacture a unit of Product B requires 9 min on Machine I and 4 min on Machine II. There are 5 hr of machine time available on Machine I and 3 hr of machine time available on Machine II in each work shift. How many units of each product should be produced in each shift to maximize the company's profit?
a). (x,y) =
b). What is the optimal profit? (Round your answer to the nearest
whole number.)
Solutions
milcah answered 1 year agoRelated Solutions
A company manufactures x units of Product A and y units of Product B, on two...
A company manufactures x units of Product A
and y units of Product B, on two machines, I and
II. It has been determined that the company will realize a profit
of $2/unit of Product A and a profit of $4/unit of Product
B. To manufacture a unit of Product A requires 6
min on Machine I and 5 min on Machine II. To manufacture a unit of
Product B requires 9 min on Machine I and 4 min on...
A company manufactures x units of Product A and y units of Product B, on two...
A company manufactures x units of Product A
and y units of Product B, on two machines, I and
II. It has been determined that the company will realize a profit
of $2/unit of Product A and a profit of $6/unit of Product
B. To manufacture a unit of Product A requires 6
min on Machine I and 5 min on Machine II. To manufacture a unit of
Product B requires 9 min on Machine I and 4 min on...
Company manufactures two products—13,000 units of Product Y and 5,000 units of Product Z. The company...
Company manufactures two products—13,000 units of Product Y and
5,000 units of Product Z. The company uses a plantwide overhead
rate based on direct labor-hours. It is considering implementing an
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additional information is available for the company as a whole and
for Products Y and Z:
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Activity Measure
Estimated Overhead Cost
Expected Activity
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$
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12,000
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Hickory Company manufactures two products—13,000 units of Product Y and 5,000 units of Product Z. The...
Hickory Company manufactures two products—13,000 units of
Product Y and 5,000 units of Product Z. The company uses a
plantwide overhead rate based on direct labor-hours. It is
considering implementing an activity-based costing (ABC) system
that allocates all of its manufacturing overhead to four cost
pools. The following additional information is available for the
company as a whole and for Products Y and Z:
Activity Cost Pool Activity Measure
Estimated Overhead Cost Expected Activity
Machining Machine-hours $
242,400 12,000 MHs...
Hickory Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The...
Hickory Company manufactures two products—14,000 units of
Product Y and 6,000 units of Product Z. The company uses a
plantwide overhead rate based on direct labor-hours. It is
considering implementing an activity-based costing (ABC) system
that allocates all of its manufacturing overhead to four cost
pools. The following additional information is available for the
company as a whole and for Products Y and Z:
Activity Cost Pool Activity Measure
Estimated Overhead Cost Expected Activity
Machining Machine-hours $
200,000 10,000 ...
Greenwood Company manufactures two products—13,000 units of Product Y and 5,000 units of Product Z. The...
Greenwood Company manufactures two products—13,000 units of
Product Y and 5,000 units of Product Z. The company uses a
plantwide overhead rate based on direct labor-hours. It is
considering implementing an activity-based costing (ABC) system
that allocates all of its manufacturing overhead to four cost
pools. The following additional information is available for the
company as a whole and for Products Y and Z:
Activity Cost Pool
Activity
Measure
Estimated Overhead
Cost
Expected
Activity
Machining
Machine-hours
$
231,600
12,000
MHs...
Greenwood Company manufactures two products—13,000 units of Product Y and 5,000 units of Product Z. The...
Greenwood Company manufactures two products—13,000 units of
Product Y and 5,000 units of Product Z. The company uses a
plantwide overhead rate based on direct labor-hours. It is
considering implementing an activity-based costing (ABC) system
that allocates all of its manufacturing overhead to four cost
pools. The following additional information is available for the
company as a whole and for Products Y and Z:
Activity Cost Pool
Activity
Measure
Estimated Overhead
Cost
Expected
Activity
Machining
Machine-hours
$
231,600
12,000
MHs...
Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The...
Greenwood Company manufactures two products—14,000 units of
Product Y and 6,000 units of Product Z. The company uses a
plantwide overhead rate based on direct labor-hours. It is
considering implementing an activity-based costing (ABC) system
that allocates all of its manufacturing overhead to four cost
pools. The following additional information is available for the
company as a whole and for Products Y and Z:
Activity Cost Pool
Activity Measure
Estimated Overhead Cost
Expected
Activity
Machining
Machine-hours
$
203,000
10,000
MHs...
Hickory Company manufactures two products—15,000 units of Product Y and 7,000 units of Product Z. The...
Hickory Company manufactures two products—15,000 units of
Product Y and 7,000 units of Product Z. The company uses a
plantwide overhead rate based on direct labor-hours. It is
considering implementing an activity-based costing (ABC) system
that allocates all $674,000 of its manufacturing overhead to four
cost pools. The following additional information is available for
the company as a whole and for Products Y and Z:
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Activity Measure
Estimated Overhead Cost
Expected Activity
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Product Y and 7,000 units of Product Z. The company uses a
plantwide overhead rate based on direct labor-hours. It is
considering implementing an activity-based costing (ABC) system
that allocates all of its manufacturing overhead to four cost
pools. The following additional information is available for the
company as a whole and for Products Y and Z:
Using the ABC system, what percentage of the Machine Setups is
assigned to Product Y and...
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