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Please answer asap will upvote Colt Company owns a machine that can produce two specialized products Production time for Product TLX is three units per
Please answer asap will upvote Colt Company owns a machine that can produce two specialized products Production time for Product TLX is three units per hour and for Product MTV is five units per hour. The machine's capacity is 2.200 hours per year. Both products are sold to a single customer who has agreed to buy all of the company's output up to a maximum of 3740 units of Product TLX and 5355 units of Product MTV Selling prices and variable costs per unit to produce the products follow, per unit Product TX Product HIV Selling price per unit $13.50 $8.10 Variable costs per unit 4.85 4.36 Determine the company's most profitable sales mix and the contribution margin that results from that sales mix (Round per unit contribution margins to 2 decimal places.) Determine the company's most profitable sales mix and the contribution margin that results from that sales mix (Round per unit contribution margins to 2 decimal places.) Product LX PMV Contribution margin per unit Contribution margin per production hour Total Product LX 3,740 Product MTV 5.155 Maximum number of units to be sold - Hours required to produce maximum units Product TLX Product MTV Total For Most Profitable Sales Mix Hours dedicated to the production of each product Units produced for most profitable sales me Contribution margin per unit Total contribution margin
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