Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

fill out the questions with thr information given above Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per unit):

fill out the questions with thr information given above
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per unit): The company estimates that it can sell 750 units of each product per month. The same raw material is used in each product. The material costs $3 per pound with a maximum of 5.400 pounds available each month. Required: 1. Calculate the contribution margin per pound of the constraining resource for each product. 2. Which orders would you advise the company to accept first, those for A,B, or C ? Which orders second? Third? 3. What is the maximum contribution margin that the company can eam per month if it makes optimal use of its 5,400 pounds of materials? Complete this question by entering your answers in the tabs below. Calculate the contribution margin per pound of the constraining resource for each product. Note: Round your answers to 2 decimal places. 1. Calculate the contribution margin per pound of the constraining resource for each product. 2. Which orders would you advise the company to accept first, those for A,B, or C ? Which orders second? Third? 3. What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 5,400 pou materials? Complete this question by entering your answers in the tabs below. Calculate the contribution margin per pound of the constraining resource for each product. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Which orders would you advise the company to accept first, those for A, B, or C? Which orders second? Third? Required: 1. Calculate the contribution margin per pound of the constraining resource for each product. 2. Which orders would you advise the company to accept first, those for A,B, or C ? Which orders second? Third? 3. What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 5,400 pounds materials? Complete this question by entering your answers in the tabs below. What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 5,400 pounds of materials? Note: Round your intermediate calculations to 2 decimal places

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

Only Auditors Can Save The World Through Peace And Reconciliations

Authors: Marina Peters

1st Edition

B08C47KG6N, 979-8657479355

More Books

Students also viewed these Accounting questions

Question

Define the concept of power and name the early theorists.

Answered: 1 week ago

Question

Define Administration and Management

Answered: 1 week ago

Question

Define organisational structure

Answered: 1 week ago

Question

Define line and staff authority

Answered: 1 week ago

Question

Define the process of communication

Answered: 1 week ago

Question

Explain the importance of effective communication

Answered: 1 week ago