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Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit) Product Selling price $ 90 $ 70 $
Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit) Product Selling price $ 90 $ 70 $ 80 Variable expenses 21.00 Direct materials Other variable expenses 27.00 27.00 54.00 $36.00 5.60 31.50 52.50 $17.50 50.40 56.00 $24.00 Total variable expenses Contribution margin 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 $7 per pound with a maximum of 4,400 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.) ontribution Margin er Pound Product A ProductB Product C
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