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Holt Manufacturing Company produces three products in its Dallas factory. Data relating to the ...
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Holt Manufacturing Company produces three products in its Dallas factory. Data relating to the ...
Holt Manufacturing Company produces three products in its Dallas factory. Data relating to the products are given below:
Product A
Product B
Product C
Unit selling price
$80
$70
$60
Variable manufacturing costs
52
50
46
Variable selling costs
4
4
4
Hours required per unit
2
1/2
1
Demand per period
3,000
4,000
2,600
A total of 8,200 hours are available in the Dallas facility.
Required:
a.
How many hours will be required to satisfy the demand for all three products?
b.
How much of each product should be produced to maximize Holt's operating income?
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
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More solutions for this book are
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a.
Product A
Product B
Product C
Hours required per unit
2
0.50
1
Demand per period
3,000
4,000
2,600
Hours required
6,000
2,000
2,600
Total time = 6,000 + 2,000 + 2,600 = 10,600 hours
b.
Product A
Product B
Product C
Unit selling price
$80
$70
$60
Variable manufacturing cost
52
50
46
Variable selling costs
4
4
4
Contribution margin
$24
$ 16
$10
Hours required per unit
2
0.5
1
Contribution per hour
$12
$32
$10
Order of production
2nd
1st
3rd
Units to be produced
3,000
4,000
200
Product A
3,000 × 2 = 6,000
hours used
Product B
4,000 × 0.5 = 2,000
hours used
Product C
200 × 1 = 200
hours used
8,200
1
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anhtuan
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This calls for a celebration
zbmallo3
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Good timing,
thanks!
kh540941
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Brilliant
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