Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

JSON-5443 Inc. produces Products X5, Y8, and 29. The following table provides per unit information relating to the three products: Product X5 Selling price

image text in transcribed

JSON-5443 Inc. produces Products X5, Y8, and 29. The following table provides per unit information relating to the three products: Product X5 Selling price Variable expenses: $84.00 Y8 29 $66.00 $74.00 Direct materials 25.20 18.00 9.00 Other variable expenses 25.20 31.50 42.80 Total variable expenses 50.40 49.50 51.80 Contribution margin. $33.60 $16.50 $22.20 Contribution margin ratio 40% 25% 30% JSON-5443 has enough demand to sell 850 units of each product per month. Each product requires the same direct materials in its production. The direct materials cost $3 per pound. The company will at most have 5.700 pounds of the direct materials available every month. What is the maximum contribution margin that JSON-5443 can earn per month using its 5,700 pounds of direct materials optimally? O $ 12,600 O $33.970 O $18,870 O $31,470

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

Payroll Accounting

Authors: Bernard J. Bieg, Judith A. Toland

2013 edition

113396253X, 978-1133962533

More Books

Students also viewed these Accounting questions

Question

2. Does your tone of voice vary with different students?

Answered: 1 week ago

Question

What is a waterfall in a securitization? AppendixLO1

Answered: 1 week ago