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Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit Product 95 75 85 Selling price Variable expenses:
Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit Product 95 75 85 Selling price Variable expenses: 5.95 Direct materials 22.50 28.50 Other variable expenses 28.50 33.75 53.55 59.50 Total variable expenses 57.00 56.25 $38.00 $18.75 $25.50 Contribution margin 40% 30% Contribution margin ratio 25% Demand for the companys products is very strong, with far more orders each month than the company can produce with the available raw materials. The same material is used in each product. The material costs $6 per pound with a maximum of 5,200 pounds available each month
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