How many of unit y should be made

Assignment Help Managerial Accounting
Reference no: EM132516474

A company manufactures two products. Each unit of product X requires 10 machine hours and each unit of product Y requires 4 machine hours. The company's productive capacity is limited to 180,000 machine hours. Each unit of product X sells for $15 and has materials costs of $7. Each unit of product Y sells for $8 and has materials costs of $3. Each machine hour costs $0.50.

Question 1: Only considering costs, if the company wants to maximize profit, how many of unit Y should be made? Use only numbers to answer (no commas or $ signs). You may use decimals.

Reference no: EM132516474

Questions Cloud

What is the current price of the stock : Consider a security with the stock prices S(1) = : 80 with probability 1/8 90 with probability 2/8
Compute the revised break-even point in dollars : It will decrease variable costs by $3.50 per unit. Compute the revised break-even point in dollars with the purchase of the new machine.
Develop competitive profile matrix : Go to Chapter 3 and do Exercise 3B "Develop a Competitive Profile Matrix" for Coca-Cola.
Find the rate of simple interest earned by the fund : If the fund balance at the end of 16 years is $2069.92, find the rate of simple interest earned by the fund.
How many of unit y should be made : Only considering costs, if the company wants to maximize profit, how many of unit Y should be made? Use only numbers to answer (no commas or $ signs)
Three minimum variance portfolios : Which point across the three minimum variance portfolios generates the best risk/reward tradeoff? How about the lowest total variance?
Program for midlevel business managers in organization : Imagine that you have been tasked with creating a training and development program for midlevel business managers in an organization
Corporate travel management limited : What does this tell you about their level of expected risk?
What is the long term benefits of using abc costing : How will the ABC costing assist management for managing budgets and costs? What is the long term benefits of using ABC costing?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Was a model for other financial services firms to emulate

Was a model for other financial services firms to emulate. Failed due to the complexity of the sequence of required steps.Was unnecessarily complicated

  The wilcox company sells 2 products a and b with

the wilcox company sells 2 products a and b with contribution margin ratios of 40 and 30 and selling prices of of 5.00

  Question on account balances

For each of the balances above would the account normally be a credit or debit balance? Enter the closing journal entries as of December 31st. What would the new balances of each account be?

  Find total differential cost between the two alternatives

Problem - Haddix Inc. is considering two alternatives code-named Able and Baker. Find the total differential cost between the two alternatives

  The product mix decision

The product mix decision. ABC Company produces product X, product Y, and product Z. All three products require processing on specialized finishing machines.

  Determine the cost of the following job

Determine the cost of the following job (number 253) using each of the four overhead allocation rates.Job 253

  Transfer pricing-general guideline-goal congruence

Using the general guideline presented in the chapter, what is the minimum price at which the Airbag Division would sell airbags to the Igo Division?

  Find the plantwide predetermined overhead rate

If Landen uses a markup percentage of 200% of its total manufacturing cost, help me determine what the selling price would it establish for Job 550?

  What is the fundamental flaw in peter newell''s analysis

What is the fundamental flaw in Peter Newell's analysis?

  How total fixed costs remain unchanged

Assuming the football helmet line is dropped, total fixed costs remain unchanged, and the space formerly used to produce the football helmet line.

  Prepare journal entries to record the labor

Prepare journal entries to record the labor for the Assembly Department. Wilturner Company incurs $91,000 of labor related directly to the product

  Describe the purpose of a flexible budget

Describe the purpose of a flexible budget. Suppose a manager claims flexible budgets are useful because costs are difficult to predict and flexibility is needed to change budgeted costs as input prices change. Do you agree?

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