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Solve the following problem of accounting . Company Simple Laminates brothers Inc. is producing impregnated papers for the furniture industry. Following information of the parts

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Solve the following problem of accounting .

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Company Simple Laminates brothers Inc. is producing impregnated papers for the furniture industry. Following information of the parts of the product. cost per 4500 Melamine Phenol Material base Product Impregnated paper som product product units cost per Kg cost per sqm Plastic Paper 70gr 3 0,21 0,21 Melamine Melamine resin 70gr 2,25 0,1575 Phenol Phenolic resin 65gr 2,15 0,13975 Pallets Packaging 1 50 90 0,02 0,018 Direct Material 0,3875 0,36775 In order to produce the products, the company has 6 direct employees per shift preparing impregnated papers at an annual cost of 30.0006 per employee. The employees have a working schedule of 1750 hours per year. The production site works with a 3-shift schedule, 24 hours per day. To coordinate the production we have a foreman, with a total annual cost of 50.0006 per year. If there is a need for more direct labor the company has the chance to use overtime with the existing employees at actual cost per hour with an increase of 50%.Company Simple Laminates brothers Inc. is producing impregnated papers for the furniture industry. Following information of the parts of the product. cost per 4500 Melamine Phenol Material base Product Impregnated paper som product product units cost per Kg cost per sqm Plastic Paper 70gr 3 0,21 0,21 Melamine Melamine resin 70gr 2,25 0,1575 Phenol Phenolic resin 65gr 2,15 0,13975 Pallets Packaging 1 50 90 0,02 0,018 Direct Material 0,3875 0,36775 In order to produce the products, the company has 6 direct employees per shift preparing impregnated papers at an annual cost of 30.0006 per employee. The employees have a working schedule of 1750 hours per year. The production site works with a 3-shift schedule, 24 hours per day. To coordinate the production we have a foreman, with a total annual cost of 50.0006 per year. If there is a need for more direct labor the company has the chance to use overtime with the existing employees at actual cost per hour with an increase of 50%.4.- After the changes of product mix you decide you will give the same sales price to the market for the two products you are selling. Find which would be the sales price for break even for the year 2020. Find also which would be the price for an operating income profitability of 10% over sales. Which is now the contribution margin for melamine products? Which is contribution margin for Phenol products

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