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cranston corporation makes four products in a single facility. data concerning these products appear below: products a b c d selling price per unit $ 42.30 $ 50.00 $ 37.60 $ 33.50 variable manufacturing cost per unit $ 20.80 $ 30.70 $ 21.00 $ 19.90 variable selling cost per unit $ 2.70 $ 2.10 $ 1.00 $ 2.40 milling machine minutes per unit 3.30 4.10 2.60 1.30 monthly demand in units 1,000 4,000 3,000 3,000 the milling machines are potentially the constraint in the production facility. a total of 28,200 minutes are available per month on these machines. how many minutes of milling machine time would be required to satisfy demand for all four products?
cranston corporation makes four products in a single facility. data concerning these products appear below: products a b c d selling price per unit $ 42.30 $ 50.00 $ 37.60 $ 33.50 variable manufacturing cost per unit $ 20.80 $ 30.70 $ 21.00 $ 19.90 variable selling cost per unit $ 2.70 $ 2.10 $ 1.00 $ 2.40 milling machine minutes per unit 3.30 4.10 2.60 1.30 monthly demand in units 1,000 4,000 3,000 3,000 the milling machines are potentially the constraint in the production facility. a total of 28,200 minutes are available per month on these machines. how many minutes of milling machine time would be required to satisfy demand for all four products?
Final answer:To satisfydemandfor all four products, 31,400 minutes of milling machine time would be required.Explanation:To determine the number of minutes of milling machine time required to satisfy demand for all four products, we need to calculate the totalmilling machineminutes per month for each product and then sum them up.Product A requires 3.30 minutes per unit and has a monthly demand of 1,000 units. Therefore, the total milling machine minutes required for product A is 3.30 x 1,000 = 3,300 minutes.Similarly, for product B, the total milling machine minutes required is 4.10 x 4,000 = 16,400 minutes. For product C, it is 2.60 x 3,000 = 7,800 minutes, and for product D, it is 1.30 x 3,000 = 3,900 minutes.Adding up all the minutes required for each product, we get 3,300 + 16,400 + 7,800 + 3,900 = 31,400 minutes. Therefore, to satisfy demand for all four products, 31,400 minutes of milling machine time would be required.Learn more about Milling machine time here:brainly.com/question/31662067#SPJ11...