Consider the following information for Covolo Diving Gear: a. Calculate weighted planning values for…

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Consider the following information for Covolo Diving Gear:

a. (*) Calculate weighted planning values for machine hours and labor hours per gauge set. Interpret these planning values.

b. (**) Recalculate the weighted planning values based on a new product mix of 45%, 30%, and 25% for the A20, B30, and C40 sets, respectively. What happened?GAUGE

SETPRODUCT

MIXMACHINE

HOURS

PER UNITLABOR

HOURS

PER UNIT

A20

60%

0.20

0.15

B30

15%

0.35

0.10

C40

25%

0.25

0.12