Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help , will give thumbs up. thank you for your time! - X d Data table Larry's Beach Hut sells three types of cold

Please help , will give thumbs up. thank you for your time!
image text in transcribed
image text in transcribed
image text in transcribed
- X d Data table Larry's Beach Hut sells three types of cold drinks: 1. Right - Cola in 12-oz. cans for $1.65 per can 2. Right - Cola in 20-oz. bottles for $1.95 per bottle 3. Pretty Pop in 20-oz. bottles for $2.20 per bottle Larry's Beach Hut pays its suppliers: 1. $0.35 per 12-oz. can of Right - Cola 2. $0.55 per 20-oz. bottle of Right - Cola 3. $0.75 per 20-oz. bottle of Pretty Pop Larry's Beach Hut's monthly fixed costs include: Hut rental $ 365 all Refrigerator rental 70 1,850 Larry's salary $ 2,285 Total fixed costs Requirements 1. What is Larry's Beach Hut's constraining factor? What should Larry stock to maximize profits? 2. Suppose Larry's Beach Hut refuses to devote more than 65 linear feet to any individual product Under this condition, how many linear feet of each drink should Larry's stock? How many units of each product will be available for sale each day? Print Done Each moma, Lany Who took the drink case at Larry's Beach Hut in Myrtle Beach, Bauh Carolina. The drink case has 100 inoar teet of retigerated drink space. Each inoar foot can hold other as 12 ounce cars or three 20 ounce bottien Click the icon to view the information on the cold drinks) Larry's Beach Hu can sell at the drinks stocked in the display cate each morming Read the requirements WORD Requirement 1. What is Larry's Beach Huts containing factor? What should Larry stock to maintire profits ? The constraining factor a linear foot of shelf space What should Larry stock to maximize profes? Complete the product mix analysis to determine which product would maximize Larry's profits. Right-Cola Right-Cola Pretty Pop 12 or. Cane 20 oz. Bottles 2002 Bottles Sales price per unit Variable cost per unit Contribution margin per unit Units per linear foot of shall space Contribution margin per linear foot of shelf space

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_2

Step: 3

blur-text-image_3

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

Fundamentals of Cost Accounting

Authors: William Lanen, Shannon Anderson, Michael Maher

3rd Edition

9780078025525, 9780077517359, 77517350, 978-0077398194

More Books

Students also viewed these Accounting questions

Question

LO14.2 Discuss how game theory relates to oligopoly.

Answered: 1 week ago