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Problem 6-4A (Video) Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality
Problem 6-4A (Video) Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows Product Economy Standard Deluxe Selling price $30 $50 $100 Variable costs and expenses $16 $20 $46 Machine hours required 0.5 0.8 1.6 Calculate contribution margin per unit. Product Standard Economy Deluxe Contribution margin per unit LINK TO TEXT VIDEO: SIMILAR PROBLEM Ignoring the machine time constraint, which single product should Tanek Industries produce? LINK TO TEXT VIDEO: SIMILAR PROBLEM What is the contribution margin per unit of limited resource for each product? (Round answers to 2 decimal places, e.g. 10.50.) Economy Standard Deluxe Contribution margin per limited resource
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