Childress Company produces three products, K1, S5, and 69. Each product uses the same type of direct material. K1 uses 4 pounds of the material, S5 uses 3.2 pounds of the material, and G9 uses 6.1 pounds of the material. Demand for all products is strong, but only 45,200 pounds of material are available. Information about the selling price per unit and variable cost per unit of each product follows. Selling price Variable costs K1 $164.60 97.00 55 $109.80 81.00 691 $207.83 145.00 Calculate the contribution margin per pound for each of the three products. Orders for which product should be produced and filled first, then second, and then third? (Round your answers to 2 decimal places.) Contribution margin per pound Product K1 Product S5 Product G9 Contribution margin per pound Order in which products should be produced and filled Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. Kt uses 4 pounds of the material, S5 uses 32 pounds of the material, and G9 uses 6.1 pounds of the material. Demand for all products is strong, but only 45,200 pounds of material are available. Information about the selling price per unit and variable cost per unit of each product follows. K1 SS 691 Selling price $164.60 $109.80 $207.83 Variable costs 97.00 81.00 145.00 Calculate the contribution margin per pound for each of the three products. Orders for which product should be produced and filled first, then second, and then third? (Round your answers to 2 decimal places.) Contribution margin por pound Product K1 Product S5 Product G9 Contribution margin per unit Fixed costs Income taxes Net income Sales Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. Kt uses 4 pounds of the material, S5 uses 3.2 pounds of the material, and G9 uses 6.1 pounds of the material. Demand for all products is strong, but only 45,200 pounds of material are available. Information about the selling price per unit and variable cost per unit of each product follows K1 S5 691 Selling price $164.60 $109.86 $207.83 Variable costs 97.00 81.00 145.00 Calculate the contribution margin per pound for each of the three products. Orders for which product should be produced and filled first, then second, and then third? (Round your answers to 2 decimal places.) Contribution margin per pound Product 1 Product S5 Product G9 Income taxes Net Income Sales Total production hours available Variable costs
