Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Excel Memory Company can sell all units of computer memory X and Y that it can produce, but it has limited production capacity, it can

image text in transcribed
image text in transcribed
image text in transcribed
Excel Memory Company can sell all units of computer memory X and Y that it can produce, but it has limited production capacity, it can produce two units of X per hour or three units of Y per hour, and it has 4.100 production hours available. Contribution margin is $7 for product X and $6 for product Y 1. Calculate contribution margin per production hour. Contribution Margin per Production Hour Product X Product N Contribution margin per production hour 2. What is the most profitable soles mix for this Company Allocate all of its production capacity to Product O Allocate 24% its production capacity to Product O Allocate all of its production capacity to ProductX Allocate 40% its production capacity to Product Signal mistakenly produced 1075 defective cell phones. The phones cost $67 each to produce. A salvage company will buy the defective phones as they are for $33 each. It would cost Signal $80 per phone to rework the phones. If the phones are reworked, Signal could sell them for $134 each. Assume there is no opportunity cost associated with reworking the phones. Compute the incremental net income from reworking the phones. Answer is not complete. Scrap Rework Sales Rework costs Total Increase net income by Garcia Co. sells snowboards. Each snowboard requires direct materials of $122, direct labor of $52, and variable overhead of $67. The company expects fixed overhead costs of $679,000 and fixed selling and administrative costs of $114,000 for the next year. It expects to produce and sell 12.200 snowboards in the next year What will be the selling price per unit if Garcia uses a markup of 10% of total cost? (Round your answer to 2 decimal places) Answer is complete but not entirely correct. Seling $ 306.003 price Per Unt

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

Alternative Minimum Tax For Individuals IRS Audit Technique Guide ATG

Authors: Internal Revenue Service

1st Edition

1304131556, 978-1304131553

Students also viewed these Accounting questions

Question

What is the function of a refresh counter?

Answered: 1 week ago

Question

Explain the steps involved in training programmes.

Answered: 1 week ago

Question

What are the need and importance of training ?

Answered: 1 week ago

Question

Guidelines for Informative Speeches?

Answered: 1 week ago