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8 Need 100% perfect answer in 20 minutes. Please please solve quickly and perfectly. Write neat. I promise I will rate positive. JSON-2365 Inc. produces
8 Need 100% perfect answer in 20 minutes. Please please solve quickly and perfectly. Write neat. I promise I will rate positive.
JSON-2365 Inc. produces Products X5, Y8, and 29. The following table provides per unit information relating to the three products. Product Y8 X5 29 Selling price $72.00 $ 54.00 $ 62.00 Variable expenses: Direct materials 21.60 18.00 9.00 21.60 22.50 34.40 Other variable expenses Total variable expenses Contribution margin 43.20 40.50 43.40 $28.80 $13.50 $18.60 Contribution margin ratio 40% 25% 30% JSON-2365 has enough demand to sell 700 units of each product per month. Each product requires the same direct materials in its production. The direct materials cost $3 per pound. The company will at most have 4,800 pounds of the direct materials available every month. What is the maximum contribution margin that JSON-2365 can earn per month using its 4.800 pounds of direct materials optimally? O$26,320 O$ 23,820 O$ 10,800 O$ 13,020Step by Step Solution
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