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Happy Bauer has the capacity to produce either 33,000 corncob pipes or 17,000 cornhusk dolls per year. The pipes cost $3.50 each to produce and
Happy Bauer has the capacity to produce either 33,000 corncob pipes or 17,000 cornhusk dolls per year. The pipes cost $3.50 each to produce and sell for $8.50 each. The dolls sell for $11.00 each and cost $4.50 to produce.
A. Calculate the contribution margin per unit for Pipes and Dolls. (Round your answers to 2 decimal places.)
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