Underwood, Inc. manufactures two products. It currently has 3,500 hours of direct lobor and 1,600 hours of machine time available per month. The table below lists the contribution margin, labor and machine time requirements, and demand for each product. Unit contribution margin Demand Labor time Machine timo Product Products $21.00 $18.00 2,800 units 1,400 units 1/3 hour 1/2 hour 1 hour 1/2 hour What is the contribution margin per machine hour for Product B? Multiple Choice $2100 $36.00 $9.00 $18.00 Dundee Company currently produces three products from a joint process. The joint process has total costs of $286.000 per month. All three products, B& Core immediately saleable as they come out of the joint process. Alternatively, any of the products could continue on with additional processing an be sold as a more complete product. The following information is available: Immediate Sale Price $ 9 Units A 24,000 B 48,000 C 72,000 Later Salen Price $13 $11 $15 Unit cost of further Processing $6 82 $ 6 $10 $4 Which of the products should be sold after further processing? Multiple Choice Product A only Products Band Products A and C Product B only The accounting firm of Ple and Lowell is examining its client base to determine how profitable its regular clients are. Its analysis indicates that Chico, Inc paid $153,300 in fees last year, but cost the firm $175,600 ($131,800 in bitable labor, supplies, and copying, and $43,800 in allocated common fixed costs). If Pie and Lowell dropped Chico, inc. as a client, and all fixed costs are unavoidable, how would profit be affected? Multiple Choice Decrease $21.500 so Increase $22.300 Decrease $153,300 Clay Inc. has two divisions, Myrtle and Laurel. Following is the income statement for the previous year: Sales Variable costs Contribution Margin Fixed Costs (allocated) Profit Margin Myrtle Laurel Total $562,200 $338,400 $900,600 178,500 176,200 354,700 383, 700 162,200 545,900 286,675 172,925 459,600 $ 97,025 $ (10,725) $ 86,300 What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable? Multiple Choice $97,025 profit $75,900 loss $383,700 profit $86,300 profit