need help with answers and how to get answers please

April N/9, 2019 Accounting 2302 Name Chapter 7 - In-Class Activity 1. (Di continue segment) Rapide Inc. has three divisions, Cass, Itasca and du Lac. Following is the income statement for the previous year Total Cass $400,000 S375,000 Itasca Du Lac $575,000 $345,000 $230,000 $215,625 $14,375 $425,000 $2,000,000 300,000$1,045,000 $125,000 S159,375 750,000 ($34,375) $1,000,000 Variable costs Contribution margin Fixed costs Profit S 955,000 5225,000 Includes $300,000 for administrative costs (e g, President's salary, headquarter's building, etc.), Rapide allocates the $300,000 equally to the three divisions. a. What is Rapide's profit margin if they drop the dulac Division? 2. (Sell or process further) Ajax Company currently produces three products from a joint process. The joint process ha total costs of $500,000 per month. All three products, A, B & C, are immediately marketable as they come out of the joint process. Alternatively, additional processing is possible for any of the three products. The following information is available: Immediate Unit Sales SalesFurtherinlMarginal Final Umit Unit Cost of UnitsPrice PriceProcessing R $20 $25 $32 RevenueC Cost Profit (Loss) B 17,500 C 10,000 $15 $20 $25 $6 $4 $3 a. Should Product A be sold immediately or sold after processing further? How much will the decision affect profi? b. Should Product B be sold immediately or sold after processing further? How much will the decision affect profit? c. Should Product C be sold immediately or sold after processing further? How much will the decision affecet profit? 3. (Maximize profit with constrained resources) Minner Corp produces three products, and is currently short on machine hours since one of its two machines is down - only 360 machine hours are available this month. The selling price, costs, and labor requirements of the three products are as follows: Product A Product B ProductC S5.00 S3.00 $5.00 $2.00 Variable cost per unit$3.50 $2.00 1.00 Machine hours per unit 0.75 Demand 300 units 400 units210 units a. What is the contribution margin per machine hour for each product? b. What is the optimal product mix if Minner maximizes contribution margin (i.e., how many units of each product)