Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i need an answer for question 6 (Total:10 Marks) Question 6 Ellizad Trading has the following production planned for the next two months. The figures
i need an answer for question 6
(Total:10 Marks) Question 6 Ellizad Trading has the following production planned for the next two months. The figures reflect the full capacity level of operations. Planned output is equal to the maximum demand per product Product Selling price Raw material cost Direct labor cost Variable overhead cost X RM per unit 150 24 60 RM per unit 200 56 80 18 z RM per unit RM per unit 150 130 22 40 20 24 18 30 24 Contribution margin per unit 42 46 74 52 Planned output 300 125 240 400 Direct labor hours per unit 6 8 3 2 It has now been identified that labor hours available in the next two months will be limited to 3,800 hours. Required: a) Calculate contribution margin per direct labor hour. b) Calculate total contribution margin earned for the optimal mix. (4 marks) (6 marks) (Total:10 Marks) 2 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started