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The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product Debbie Teish Sarah Mike Sewing kit Demand selling Next year Price (units) per Unit Se, 000 $16.70 42,000 $7.50 35,000 $26.60 40,000 $14.00 325,000 $9.60 Direct Materials $4.30 51.10 $6.44 $2.00 $3.20 Direct Labor $ 5.40 $ 4. S 11.20 $ 8.00 $ 3.20 The following additional Information is available: a. The company's plant has a capacity of 130,000 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct labor rate of $16 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $520,000 per year. Variable overhead costs are $2 per direct labor-hour d. All of the company's nonmanufacturing costs are fixed. e. The company's finished goods inventory is negligible and can be ignored. Required: 1. How many direct labor hours are used to manufacture one unit of each of the company's five products? 2. How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 130,000 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is for added direct labor time)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required s How many direct labor hours are used to manufacture one unit of each of the company's five products? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Debbie Trish Sarah Mike Sewing Kit Direct labor hours per unit Required 2 > The Walton Toy Company manufactures a line of dolls and a sewing kit Demand for the company's products is increasing and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Direct Labor 5.40 Product Debbie Trish Sarah Hike Sewing kit Demand Selling Next year Price units) per Unit 50.000 $16.70 42,00 $ 7.50 35.000 $26.68 0.00 $14.00 325,000 $ 9.60 Direct Materials $4.30 $1.10 $6.46 $2.00 $3.20 $11.20 $ 3.00 53.2 The following additional information is available: a. The company's plant has a capacity of 130,000 direct labor-hours per year on a single shift basis. The company's present employees and equipment can produce all five products, b. The direct labor rate of $16 per hour is expected to remain unchanged during the coming year c. Fixed manufacturing costs total $520,000 per year. Variable overhead costs are $2 per direct labor-hour d. All of the company's nonmanufacturing costs are fixed e. The company's finished goods inventory is negligible and can be ignored Required: 1. How many direct labor hours are used to manufacture one unit of each of the company's five products? 2. How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4 Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 130,000 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity that is for added direct labor time)? Complete this question by entering your answers in the tabs below. Required 1 Requred 2 Required 3 Required 4 Required 5 How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? (Do not found intermediate calculations. Round your answers to 2 decimal places) Debbie Trish Sarah Mike Sewing kit Variable overhead cost per unit (Required 1 Required 3 > The Walton Toy Company manufactures a line of dolls and a sewing kit Demand for the company's products is increasing and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Direct Labor Product Debbie Trish Sarah Desand selling Next year Price (units) per Unit se,000 $16.79 42.000 7.50 35,000 $26.60 40.00 $14.00 325,000 $ 9.50 Direct Materials $4.10 $1.10 $6.44 $ 4.00 $11.20 $3.20 $ 3.20 The following additional Information is available: a. The company's plant has a capacity of 130,000 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct labor rate of $16 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total $520,000 per year. Variable overhead costs are $2 per direct labor hour d. All of the company's nonmanufacturing costs are fixed e. The company's finished goods Inventory is negligible and can be ignored. Required: 1. How many direct labor hours are used to manufacture one unit of each of the company's five products? 2. How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5 Assuming that the company has made optimal use of its 130.000 direct labor hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Requires Required 4 Required What is the contribution margin per direct labor-hour for each of the company's five products? (Do not found intermediate calculations. Round your answers to 2 decimal places.) Debbie T rish Sarah Mike Sewing Kit Contribution magner DLH The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product Debbie Trish Sarah Mike Sewing kit Demand Selling Next year Price (units) per Unit 50,000 $16.70 42,000 $7.50 35.099 $26.60 40,000 - $14.00 325,000 $9.60 Direct Materials $4.30 $1.10 $6.44 $2.ee $3.20 Direct Labor $ 6.40 $ 4.08 $11.20 $ 8.98 $ 3.20 The following additional Information is available: a. The company's plant has a capacity of 130,000 direct labor-hours per year on a single shift basis. The company's present employees and equipment can produce all five products. b. The direct labor rate of $16 per hour is expected to remain unchanged during the coming year C. Fixed manufacturing costs total $520,000 per year. Varlable overhead costs are $2 per direct labor-hour. d. All of the company's nonmanufacturing costs are fixed. e. The company's finished goods Inventory is negligible and can be ignored. Required: 1. How many direct labor hours are used to manufacture one unit of each of the company's five products? 2. How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 130,000 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? Highest total contribution margin Required 5 > The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data Product Debbie Trish Demand selling Next year Price (units) per Unit se.00 $16.70 42.000 $7.50 35,000 $26.50 40,000 $14.00 325.000 $ 9.60 Direct Labor $ 6.40 Direct Materials 54.30 $1.1 56.44 52.00 $3.20 $11.20 $ 8.00 $ 3.20 Sewing kit The following additional Information is available a. The company's plant has a capacity of 130,000 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products b. The direct labor rate of $16 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total $520,000 per year. Variable overhead costs are $2 per direct labor-hour d. All of the company's nonmanufacturing costs are fixed. e. The company's finished goods inventory is negligible and can be ignored. Required: 1. How many direct labor hours are used to manufacture one unit of each of the company's five products 2 How much variable overhead cost is incurred to manufacture one unit of each of the company's five products? 3. What is the contribution margin per direct labor-hour for each of the company's five products? 4. Assuming that direct labor-hours is the company's constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? 5. Assuming that the company has made optimal use of its 130.000 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assuming that the company has made optimal use of its 130,000 direct labor-hours, what is the highest direct labor rate per hour that walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time) Highest red labor rate per hour (Required 4 Exercise 11-13 Sell or Process Further Decision (LO11-7) Wexpro, Inc. produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $60,000 per ton, one-fourth of which is allocated to product X15 Seven thousand units of product X15 are produced from each ton of clypton The units can either be sold at the split-off point for $9 each, or processed further at a total cost of $9,500 and then sold for $12 each Required: 1 What is the financial advantage (disadvantage) of further processing product X15? 2. Should product X15 be processed further or sold at the split-off point? 2 Product 15 should be

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