Only typing answerPlease explain step by step without table and graph thankyou Assume a company makes only three products, A, B, and C:Estimated customer demand in unitsSelling price per unitVariable cost per unitMachine-hours per unitMultiple ChoiceThe company has only 1,850 machine-hours available. What is the highest total contribution margin that the company can earn if it makesoptimal use of its constrained resource?OOC$35,300$36,300$37,300Product A Product B Product C800700$80600$ 65$45$ 35$202.51.25$38,300$263.0

The contribution margin is calculated as the difference between the sales and variable costs. The…

Assume a company makes only three products, A, B, and C: Estimated customer demand in units Selling price per unit Variable cost per unit Machine-hours per unit Product A Product B Product C 700 600 800 $ 80 $65 $45 $ 26 $ 20 3.0 1.25 $35 2.5 The company has only 1,850 machine-hours available. What is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource?

Assume a company makes only three products, A, B, and C: Estimated customer demand in units Selling price per unit Variable cost per unit Machine-hours per unit Product A Product B Product C 700 600 800 $ 80 $65 $45 $ 26 $ 20 3.0 1.25 $35 2.5 The company has only 1,850 machine-hours available. What is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2MC: A companys product sells for $150 and has variable costs of $60 associated with the product. What is...

See similar textbooks

Similar questions

A companys product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit? A. $40 B. $60 C. $90 D. $150
Assume a company makes only three products, A, B, and C. Product A Product B Product C Estimated customer demand in units Selling price per unit 800 700 $ 80 $ 45 Variable cost per unit $ 35 $ 20 Machine-hours per unit 2.5 1.25 The company has only 2.850 machine-hours available. What is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? Multiple Choice O O $52.800 $59,800 $55,000 $57,800 600 $ 65 $ 26 3.0
Assume a company makes only three products, A, B, and C: Selling price per unit Variable cost per unit Machine-hours per unit Multiple Choice The company has only 2,900 machine-hours available and unlimited demand for each of its three products. The highest total contribution margin that the company can earn if it makes optimal use of its constrained resource is closest to: $46,400. $52,200. $369,170. Product A Product B Product C $ 80 $ 51 $ 35 $ 20 2.5 1.25 $71,920. $ 65 $ 26 3.0
Assume a company makes only three products, A, B, and C: Product A Product B Product C Selling price per unit $ 80 $ 35 $ 45 $ 20 $ 65 Variable cost per unit $ 26 Machine-hours per unit 2.5 3.0 1.25 The company has only 3,000 machine-hours available and unlimited demand for each of its three products. The highest total contribution margin that the company can earn if it makes optimal use of its constrained resource is closest to:
Question 3. MALI Itd produces the following products: Products G U Total Contribution per unit Labour hours £10 £6 £4 5 1 Demand (units) 60 70 80 REQUIRED: (a) First calculate how many hours are needed to produce all products. (b) Second, provided that we are limited to 300 total hrs, how could you distribute the optimal quantity of hours. (c) How many products would you produce in each of them? (d) How could a company such as this with a short-term problem of staff shortages overcome this in the long-term?
Assume a company makes only three products, A, B, and C: Product A Product B Product C Selling price per unit Variable cost per unit $ 90 $ 35 $ 65 $ 25 $ 45 $ 20 Machine-hours per unit 1.50 3 1.5 The company does not have enough machine-hours available to satisfy demand for all of its products. Product A's contribution margin per unit of the constraining resource is closest to: Multiple Choice $82.50. $55.00. $36.67. $56.00.
Consider the following production and cost data: Product Q Product P Product K Contrib margin per unit $28 $30 $32 Machine minutes needed per unit 4 3 5 A total of 15,000 machine minutes are available each period.There is unlimited demand for each product.What is the largest possible total contribution margin that can be realized each period?
A company’s product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit?A. $40B. $60C. $90D. $150
Consider the following production and cost data for two products, Big and Little: Big Little Demand in units 6,000 10,000 Contribution margin per unit $24 $18 Machine-hours needed per unit 2 MH З МН Labor hours needed per unit 6 DLH 4 DLH The company has 36,000 direct labor hours available each period. What is the largest possible total contribution margin that can be realized each period? O $144,000 O $162,000 O $180,000 O $288,000
Question #1 Which of the following factors should be considered in a make-or-buy decision A variable cost of manufacturing purchase price if item is bought outside fixed overhead that is directly traced to the item all of the above Question #2 How much sales are required to earn a target net income of P160,000 if total fixed costs are P200,000 and the contribution margin ratio is 40%? A) 510,000 B) 810,000 900,000 400,000
Saved Assume a company makes only three products, A, B, and C. Product A-Product B 700 Product C Estimated customer demand in units 800 Selling price per unit Variable cost per unit Machine-hours per unit 54.80 $ 65 $445 S 35. $ 26 $ 20 1.25 2.5 3.0 The company has only 1,900 machine-hours ovailable. What is the highest total contribution morgin that the company con eorn if it makes optimal use of its constrained resource? Multiple Cholcel $38.200 $39.200 $36.200 $37200
Consider the following production and cost data for two products, Big and Little: Big Little Demand in units 6,000 10,000 Contribution margin per unit $24 $18 Machine-hours needed per unit 2 ΜΗ 3 ΜΗ Labor hours needed per unit 6 DLH 4 DLH The company has 36,000 direct labor hours available each period. What is the largest possible total contribution margin that can be realized each period? O $162,000 $144,000 O $180,000 O $288,000