Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

wanted to see if my work was correct. please help The following data relates to Healthy Living in questions 8-10: Healthy Living makes toaster ovens

image text in transcribed wanted to see if my work was correct. please help
The following data relates to Healthy Living in questions 8-10: Healthy Living makes toaster ovens and bread machines. It takes 10 minutes of machine time to produce a toaster oven and 15 minutes of machine time to produce a bread machine. Production capacity is 1,800 of machine hours/month. Io $70 60-16x80 12.8 16x40=6.4 Toaster Ovens Bread Machines ales price $80 $150 ariable costs $40 8) What is the contribution margin per machine hour for toaster ovens? (rounded to the nearest dollar) a) $325 ? 5.6.4: b) 5320 Dsp Sales variable 10. d) $20 9) What is the contribution margin per machine hour for bread machines? Ca) $20 1 21. b) 3240 c) $320 X150 -37.5 d) $7 -2570 = 17.5 10) Healthy Living's production capacity is 1,800 machine hours per month and it can sell as many units of either type as it can produce. How many of each product should the firm produce each month to maximize profits? (a) o toaster ovens and 7,200 bread machines 1940 b) 5,400 toaster ovens and 3,600 bread machines c) 7,200 toaster ovens and 2,400 bread machines d) 10,800 toaster ovens and 0 bread machines SL S 1098 75,600

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forensic And Investigative Accounting

Authors: D. Larry Crumbley

3rd Edition

0808017233, 9780808017233

More Books

Students also viewed these Accounting questions

Question

=+What is the VIF for Age?

Answered: 1 week ago