{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-29T06:11:47-04:00", "answer_date": "2024-05-29 06:11:47", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1879568", "url": "\/study-help\/questions\/benoit-company-produces-three-productsa-b-and-c-data-concerning-1879568", "question_creation_date_js": "2024-05-29T06:11:47-04:00", "question_creation_date": "May 29, 2024 06:11 AM", "meta_title": "[Solved] Benoit Company produces three products-A, | SolutionInn", "meta_description": "Answer of - Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per unit): Product B Se | SolutionInn", "meta_keywords": "benoit,company,produces,three,products-,c,data,concerning,products,follow,per,unit", "question_title_h1": " Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per unit): Product B Selling price Variable expenses: Direct materials", "question_title": " Benoit Company produces three products-A, B, and C. Data concerning the", "question_title_for_js_snippet": "Benoit Company produces three products A, B, and C Data concerning the three products follow (per unit) Product B Selling price Variable expenses Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio A C $ 90 00 $ 60 00 $ 80 00 27 00 15 00 9 00 27 00 30 00 47 00 54 00 $ 36 00 40 45 00 $ 15 00 25 56 00 $ 24 00 30 The company estimates that it can sell 850 units of each product per month The same raw material is used in each product The material costs $3 per pound with a maximum of 5,700 pounds available each month Required 1 Calculate the contribution margin per pound of the constraining resource for each product 2 Which orders would you advise the company to accept first, those for A, B, or C Which orders second Third 3 What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 5,700 pounds of materials Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Calculate the contribution margin per pound of the constraining resource for each product (Round your answers to 2 decimal places ) Contribution margin per pound of the constraining resource Product A Product B Product C Required 1 Required 2 ", "question_description": "\"image\"image\"image", "transcribed_text": "Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per unit): Product B Selling price Variable expenses: Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio A C $ 90.00 $ 60.00 $ 80.00 27.00 15.00 9.00 27.00 30.00 47.00 54.00 $ 36.00 40% 45.00 $ 15.00 25% 56.00 $ 24.00 30% The company estimates that it can sell 850 units of each product per month. The same raw material is used in each product. The material costs $3 per pound with a maximum of 5,700 pounds available each month. Required: 1. Calculate the contribution margin per pound of the constraining resource for each product. 2. Which orders would you advise the company to accept first, those for A, B, or C? Which orders second? Third? 3. What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 5,700 pounds of materials? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the contribution margin per pound of the constraining resource for each product. (Round your answers to 2 decimal places.) Contribution margin per pound of the constraining resource Product A Product B Product C < Required 1 Required 2 >", "related_book": { "title": "Managerial Accounting", "isbn": "1118548639, 9781118800713, 1118338448, 9781118548639, 1118800710, 978-1118338445", "edition": "2nd edition", "authors": "Charles E. Davis, Elizabeth Davis", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/281.jpg", "uri": "\/textbooks\/managerial-accounting-2nd-edition-281", "see_more_uri": "" }, "free_related_book": { "isbn": "1316630676", "uri": "\/textbooks\/democracy-by-the-people-reforming-campaign-finance-in-america-1st-edition-978-1316630679-251730", "name": "Democracy By The People Reforming Campaign Finance In America", "edition": "1st Edition" }, "question_posted": "2024-05-29 06:11:47", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/calculus-with-applications\/in-exercises-2748-find-the-open-intervals-where-the-functions-1101562", "description": "In Exercises 2748, find the open intervals where the functions are concave upward or concave downward. 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