Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 20 4 pts University Company produces and sells four products; W, X, Y and Z. The following data relate to its four products. W
Question 20 4 pts University Company produces and sells four products; W, X, Y and Z. The following data relate to its four products. W X Y Daily demand in 80 70 100 units |Selling price per $150 $190 $136 $134 unit Variable costs per $60 $64 $70 $74 unit Labor time in 20 10 12 minutes per unit There are total of 3002 minutes available per day. Total fixed costs are $3,100 per day. Q. What is the contribution margin per minute for product Z? 60 5 66.67 241.67 N 60 OOO O Question 21 4 pts University Company produces and sells four products; W, X, Y and Z. The following data relate to its four products. W X Y Z Daily demand in 70 80 100 units Selling price per $190 $134 $150 $136 unit Variable costs per $60 $64 $70 $74 unit Labor time in 10 12 20 9 minutes per unit There are total of 3002 minutes available per day. Total fixed costs are $3,100 per day. Q. How many units of product W should be produced each day? 60 70 80 60 OOO O
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started