Colt Company owns a machine that can produce two specialized products Production time for Product TLX is two units per hour and for Product MTV is five units per hour The machines capacity is 2,400 hours per year Both products are sold to a single customer who has agreed to buy all of the companys output up to a maximum of 4,080 units of Product TLX and 2,130 units of Product MTV Selling prices and variable costs per unit to produce the products follow $ per unit Product TLX Product MTV Selling price per unit $ 14 50 $ 8 70 Variable costs per unit 4 35 5 22 Childress Company produces three products, K1, S5, and G9 Each product uses the same type of direct material K1 uses 4 8 pounds of the material, S5 uses 2 8 pounds of the material, and G9 uses 6 4 pounds of the material Demand for all products is strong, but only 49,600 pounds of material are available Information about the selling price per unit and variable cost per unit of each product follows K1 S5 G91 Selling price $ 178 60 $ 98 80 $ 204 56 Variable costs 97 00 75 00 138 00 Determine the company's most profitable sales mix and the contribution margin that results from that sales mix (Round per unit contribution margins to 2 decimal places ) Product TLX Product MTV Contribution margin per unit Units produced per hour Contribution margin per production hour Product TLX Product MTV Total Maximum number of units to be sold 4,080 2,130 Hours required to produce maximum units For Most Profitable Sales Mix Product TLX Product MTV Total Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution margin 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

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Colt Company owns a machine that can produce two specialized products. Production time for Product TLX is two units per hour and for Product MTV

Colt Company owns a machine that can produce two specialized products. Production time for Product TLX is two units per hour and for Product MTV is five units per hour. The machines capacity is 2,400 hours per year. Both products are sold to a single customer who has agreed to buy all of the companys output up to a maximum of 4,080 units of Product TLX and 2,130 units of Product MTV. Selling prices and variable costs per unit to produce the products follow.

$ per unit	Product TLX			Product MTV
Selling price per unit		$	14.50		$	8.70
Variable costs per unit			4.35			5.22

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Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4.8 pounds of the material, S5 uses 2.8 pounds of the material, and G9 uses 6.4 pounds of the material. Demand for all products is strong, but only 49,600 pounds of material are available. Information about the selling price per unit and variable cost per unit of each product follows.

	K1		S5		G91
Selling price	$	178.60	$	98.80	$	204.56
Variable costs		97.00		75.00		138.00

image text in transcribed

Determine the company's most profitable sales mix and the contribution margin that results from that sales mix. (Round per unit contribution margins to 2 decimal places.) Product TLX Product MTV Contribution margin per unit Units produced per hour Contribution margin per production hour Product TLX Product MTV Total Maximum number of units to be sold 4,080 2,130 Hours required to produce maximum units For Most Profitable Sales Mix Product TLX Product MTV Total Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution margin 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