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Q2:(5marks) Colonial Heritage makes reproduction colonial furniture select hardwoods, the following information for the two products as follows Chairs S80 S30 Tables $400 S200 Selling

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Q2:(5marks) Colonial Heritage makes reproduction colonial furniture select hardwoods, the following information for the two products as follows Chairs S80 S30 Tables $400 S200 Selling price per unit Variable cost per unit Contribution Margin(CM) Required board feet per unit Monthly demand Assume that the monthly capacity is 2,000 board feet. Required: 10 100 600 What is the product mix that would maximize the profits of Colonial Heritage? Answer one of the following two questions Q3 :(5marks) Supler Company produces a part used in the manufacture of one of its products. The unit product cost is $18, computed as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead. Unit product cost.. An outside supplier has offered to provide the annual requirement of 4,000 of the parts for only $14 each. It is estimated that 60 percent of the fixed overhead cost above could be eliminated if the parts are purchased from the outside supplier. Required: Based on these data, give a suggestion to the manager to make or to buy this part from outside supplier (show your calculations.) Relevant cost per unit: 5 S18

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