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8 Homework Question 8, 58-9 (similar to) Part 1 of 4 HW Score: 33.59%, 8.4 of 25 points O Points: 0 of 2 Save
8 Homework Question 8, 58-9 (similar to) Part 1 of 4 HW Score: 33.59%, 8.4 of 25 points O Points: 0 of 2 Save Storage Solutions produces plastic storage bins for household storage needs. The company makes two sizes of bins Large (50 gallon) and Regular (35 gallon) Demand for the product is so high that Kthe company can sell as many of each size as & can produce. The same machinery is used to produce both sizes The machinery is available for only 3,200 hours per period. The company can produce 9 Large bins every hour compared to 16 Regular bins in the same amount of time Fixed expenses amount to $115,000 per period Sales prices and vanable costs are as follows (Click the icon to view the costs) 1. Which product should Storage Solutions emphasize? Why? 2. To maximize probits, how many of each size bin should the company produce? 3. Given this product mox, what will the company's operating income be? 1. Which product should Storage Solutions emphasize? Why? Complete the product mix analysis to determine which product Storage Solutions should emphasize Storage Solutions Product Mix Analysis Regular Large Sales price per unit Less Vanable cost per unit Contribuloo margin per unt Units per machine hour Contribution margin per machine hour
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