Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can you please tell me how to calculate the contribution margin of good a , b and c respectively with numerical workings , thank you

Can you please tell me how to calculate the contribution margin of good a , b and c respectively with numerical workings , thank you very much ??

image text in transcribed
_| ABC produces three goods: Good A, Good B and Good C. The contribution per unit of the respective products is as follows: Good A Good B Good C Contribution per unit 840 640 1240 To produce these products, it requires two steps which is process ready and process mix. The processing time requirement for each respective product are listed below. Good A Good B Good C Process Ready 50 100 80 Process Mix 70 80 110 The monthly processing time of Process Ready and Process Mix is limited to 100,000 hours and 160,000 hours respectively. The sales of Product A are limited to 1800 units per month due to regulatory restrictions. Company's objective is contribution maximisation

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_2

Step: 3

blur-text-image_3

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

Modern Advanced Accounting In Canada

Authors: Murray Hilton

6th Edition

0070001537, 978-0070001534

More Books

Students also viewed these Accounting questions

Question

mple 10. Determine d dx S 0 t dt.

Answered: 1 week ago