24 and 25

Company X spent $95,000 to produce 7,000 gallons of white paint primer, which can be sold as is for $7 per gallon. Company X is considering adding a color to the paint, which will cost $3 per gallon. Some of the paint is likely to evaporate during the process, reducing the total amount of remaining paint to 6,000 gallons of paint. The colored paint can be sold for $13 per gallon. To be able to tint the paint, the company would have to buy a new machine that costs $10,000 and has no alternative use or value. If the company decides to color the paint, how would income be impacted? Enter your answer as positive number if income would increase, negative if income would decrease. Question 25 10 pts Company X sells two products: a cordura backpack and a cordura fanny pack. Both products use the same sewing machine, which only has 4000 minutes of use available each month. Financial data for each product are: fanny pack $44 $20 backpack Sales price per pair of shoes $20 Variable cost per pair of shoes $10 Machine minutes needed per pair 10 of shoes Monthly demand (in pairs of shoes) 200 12 250 What is the largest possible total contribution margin that can be realized each period