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Problem - Mantle, Inc. produces two types of wooden mallets, Ash and Oak, in its Miami factory. Data relating to the mallets are given below:

Product                                                   Ash                   Oak

Unit selling price                                       $30                    $28

Variable manufacturing costs                     $11                    $12

Variable selling costs                                $1                      $1

Minutes required per unit                          20                      15

Demand per period                                  1,200                 1,600

A total of 600 hours are available in the Miami facility.

Required:

How many hours will be required to satisfy the demand for the Ash wooden mallet?

How many hours will be required to satisfy the demand for the Oak wooden mallet?

How much of the Ash wooden mallet should be produced to maximize Mantle's operating income?

How much of the Oak wooden mallet should be produced to maximize Mantle's operating income?

Accounting Basics, Accounting

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