Compute the number of available machine

Assignment Help Accounting Basics
Reference no: EM13513066

Mifflin Products, Inc., has 3,200 machine hours of plant capacity available for anufacturing two products with the following characteristics:


X

Y

Selling price

$200

$165

costs:



Direct materials

$80

$40

Direct labor

40

35

Variable overhead*

15

30

Fixed overhead*

10

20

Operating expenses (all variable)

40

20


$185

$145

Net income

$15

$20

*Applied on the basis of machine hours.

Compute the number of available machine hours that Mifflin Products, Inc., should devote to the manufacture of each product.

 

Reference no: EM13513066

Questions Cloud

Gendered vulnerabilities : In "The Patriarchal Family" Gerda Lerner states that patriarchy can function only when women themselves cooperate. Is this always the case? Sometimes the case?
How long does it take for the package to hit the ground : A woman with a package in her hand is riding in a hot air balloon which is climbing at a constant speed of 8.0 m/s. How long does it take for the package to hit the ground
Find out the ph the solution after the addition of hbr : A 100 ml sample of 0.10 M Ca(OH)2 is titrated with 0.10 M HBr. Determine the pH the solution after the addition of 300.0 ml HBr
Relationship between limb ratios and bipedalism : Consider the relationship between limb ratios and bipedalism. a) Explain how changes in limb ratios reflect differences in bipedalism. b) Explain why we find these differences.
Compute the number of available machine : Compute the number of available machine hours that Mifflin Products, Inc., should devote to the manufacture of each product.
Can discoveries continue to keep up with depletion : Can discoveries continue to keep up with depletion? Why or why not and is OPEC's power likely to increase, decrease, or stay the same? Why?
State the skeletal structure of the major organic product : Draw the skeletal structure of the major organic product formed inthe reaction below when the second step is heated to reflux.
What is the straight-line distance : A projectile is launched with an initial speed of 40.0 m/s at an angle of 30.0° above the horizontal. What is the straight-line distance from where the projectile was launched to where it hits its target
Describe human variability : The American Anthropological Association states that races are not accurate ways to group people or to describe human variability. What evidence can be used to support this view?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd