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Exercise 23-6 Sales mix determination and analysis LO P3 Colt Company owns a machine that can produce two specialized products Production time for Product TLX

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Exercise 23-6 Sales mix determination and analysis LO P3 Colt Company owns a machine that can produce two specialized products Production time for Product TLX is three units per hour and for Product MTV is four units per hour. The machine's capacity is 2.200 hours per year. Both products are sold to a single customer who has agreed to buy all of the company's output up to a maximum of 3,740 units of Product TLX and 4,132 units of Product MTV. Selling prices and variable costs per unit to produce the products follow. pert Product Belling price per unit 314.00 Variable costs per unit 5.04 Product MX 18,40 1.20 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 Contribution margin per unit Product MTV Contribution margin per production hour Total Product TLX 3,740 Product MTV 4,132 Maximum number of units to be told Hours required to produce maximum unta Product TLX Product MTV Total For Most Profitable Sales Mix Hours dedicated to the production of each product Units produced for most profitable sales mix Contribution margin per unit Total contribution margin

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