Question: please answer all not just one. thanks! 24. Soap Company manufactures Soap X and Soap Y and can sell all it can make of either.

please answer all not just one. thanks! please answer all not just one. thanks! 24. Soap Company manufactures Soap

24. Soap Company manufactures Soap X and Soap Y and can sell all it can make of either. Based on the following data, which statement is true? Sales Price Variable Cost Hours needed to process a X is more profitable than Y b. Y is more profitable than X 6. Neither X nor y have a positive contribution margin d X and Y are equally profitable. Niva Co. manufactures three products: Bales; Tales, and Wales. The selling prices are: 55: 78; and 32, respectively. The variable costs for each product are: 20: 50; and 15, respectively. Each product must go through the same processing in a machine that is limited to 2,000 hours per month. Bales take 7 hours to process, Tales take 4 hours, and Wales take 1 hour. 2. Which product has the highest contribution margin per machine hour? Bales 1. Tales c Wales d. Bales and Tales have the same 6. What is the contribution margin per machine hour for Bales? $7 SS $35 d $28 27. What is the contribution margin per machine hour for Tales? b. $5 $28 d. $35 What is the contribution per machine hour for Wales? $35 h $28 e $17 d $8.50 29. Assuming that Niva Co. can sell all of the products they can make, what is the maximum contribution margin they can cam per month? $64,000 b. $70,000 c. $56,000 d $34.000 30. Assuming that Niva produced enough product with the highest contribution margin per unit to use 1.000 hours of machine time. Product demand does not warrant any more production of that product. What is the maximum additional contribution margin that can be realized by utilizing the remaining 1,000 hours on the product with the second highest contribution margin per hour? $5,000 b. $7,000 $4,000 d $28,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!