Question
Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit): Product A B C ABCSelling price $60 $40
Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit):
Product
A B C
ABCSelling price $60 $40 $50
Variable expenses:
Direct materials 18.00 12.00 3.50
Total variable expenses 36.00 30.00 35.00
Contribution margin $24.00 $10.00 $15.00
Contribution margin ratio 40% 25% 30%
Demand for the company's 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 4,100 pounds available each month.
Required:a.Compute contribution margin per pound of materials used.(Round your intermediate calculations and final answers to 2 decimal places.)
Contribution Margin per Pound
Product A $8.00
Product B $5.00
Product C
Hello, I only need the number for Product C. Please compute the answer for Product C only. Thank you
My answer keeps coming back inaccurate: 3.50/6 15/0.583=25.72 Not correct.
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