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help asap Outdoor Luggage, Incorporated, makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Ski Guard
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Outdoor Luggage, Incorporated, makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Ski Guard $ 250 Golf Guard $ 320 Selling price per unit Fishing Guard $ 235 $ 135 Variable cost per unit $ 110 $ 200 Plastic injection molding machine processing time 5 minutes required to produce one unit 13 minutes 14 pounds 11 minutes 7 pounds Pounds of plastic pellets per unit 6 pounds Required: 1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product? 2. Which product offers the most profitable use of the plastic injection molding machine? 3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? 4. Which product offers the most profitable use of the plastic pellets? 5. Which product has the largest contribution margin per unit? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much the constrained resource is earned by each product? (Round your final answers to 2 decimal places.) Golf Guard Ski Guard per minute Contribution margin per minute of the constrained resource Fishing Gu per m Required 2 > Required 1 per minute Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? (Round your final answers to 2 decimal places Ski Guard per pound Golf Guard per pound Fishing Guard per pound Contribution margin per pound of the constrained resource Step by Step Solution
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