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Chip Compony produces three products. Kin. Ike. ond Bix. Eoch product uses the same direct material. Kin uses 5.1 pounds of the material, Ike uses
Chip Compony produces three products. Kin. Ike. ond Bix. Eoch product uses the same direct material. Kin uses 5.1 pounds of the material, Ike uses 33 pounds of the moterial and Bx uses 5,3 pounds of the matenil. Selling price per un tond voriable costs per unit of each product follow (a) Compute contribution margin per pound of motenol for eoch product (b) If demond is limited, list the three products in the order in which monegement should produce ond meet demond Chip Compony produces three products. Kin. Ike. ond Bix. Eoch product uses the same direct material. Kin uses 5.1 pounds of the material, Ike uses 33 pounds of the moterial and Bx uses 5,3 pounds of the matenil. Selling price per un tond voriable costs per unit of each product follow (a) Compute contribution margin per pound of motenol for eoch product (b) If demond is limited, list the three products in the order in which monegement should produce ond meet demond
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