Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

bsjsnsijkkkks Inc. produces Products X5, Y8, and 29. The following table provides per unit information relating to the three products: Product YO X5 29 $80.00

image text in transcribed
bsjsnsijkkkks
Inc. produces Products X5, Y8, and 29. The following table provides per unit information relating to the three products: Product YO X5 29 $80.00 $90.00 $ 60.00 Selling price Variable expenses: Direct materials 27.00 15.00 9.00 27.00 30.00 47.00 Other variable expenses Total variable expenses Contribution margin 54.00 45.00 56.00 $36.00 $15.00 $ 24.00 Contribution margin ratio 40% 25% 30% has enough demand to sell 850 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 5,700 pounds of the direct materials available every month. What is the maximum contribution margin that an earn per month using its 5,700 pounds of direct materials optimally? $ 20,400 O$ 35,500 $ 33,000 O $12,600

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Accounting Tabloid Receivables Simply Explained

Authors: Othneil Hall

1st Edition

145821432X, 978-1458214324

More Books

Students also viewed these Accounting questions