Use the following information to answer the following questions, using the SUMPRODUCT function. Stone...
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Accounting
Use the following information to answer the following questions, using the SUMPRODUCT function.
Stone Age Surfboards is a small manufacturer of two types of popular high-tide surfboards, the Rockwell and the Limestone models. The manufacturing process consists of two departments: fabrication and finishing. The fabrication department has 15 skilled workers, each of whom works 5 hours per day. The finishing department has 5 workers, who also work a 5-hour shift. Each pair of Rockwell surfboards requires 3 labor-hours in the fabrication department and 1.5 labor-hours in finishing. The Limestone model requires 4.5 labor-hours in the fabrication department and 2 labor-hours in finishing. The company operates 6 days a week. It makes a per-unit profit of $60 on the Rockwell model and $75 on the Limestone model. Approximately 4.1 Rockwell models and 8.4 Limestone models are produced per day.
A | B | C | D | |
1 | Stone Age Surfboards | |||
2 | ||||
3 | Data | |||
4 | Product | |||
5 | Department | Rockwell | Limestone | Limitation (hours) |
6 | Fabrication | 3 | 4.5 | 75 |
7 | Finishing | 1.5 | 2 | 25 |
8 | ||||
9 | Profit/Unit | $60 | $75 | |
10 | ||||
11 | ||||
12 | Model | |||
13 | Rockwell | Limestone | ||
14 | Quantity Produced | 4.1 | 8.4 | Hours Used |
15 | Fabrication | |||
16 | Finishing | |||
17 | ||||
18 | Excess Limestone | |||
19 | Market Mixture | |||
20 | ||||
21 | Total Profit | |||
22 | Profit Contribution |
What is the total number of hours used for the finishing operation?
A. 22.95 | |
B. 35.64 | |
C. 42.58 | |
D. 50.10 |
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