Note:-• Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.• Answer completely.• You will get up vote for sure. Hydroflask water bottles produces three products, large mouth, small mouth and mini mouth water bottles. The company is currentlyfacing a labor shortage; only 4,800 hours are available this month. The selling prices, costs, labor requirements, and demand for thethree products are as follows:Sales priceVariable cost per unitDirect labor hours per unitDemand (units)Large Mouth (Product A)$ 70.00$ 53.002.11,200Required ASmall Mouth (Product Mini MouthB)(Product C)$38.00$ 52.00$ 19.00$ 48.003.31,700Complete this question by entering your answers in the tabs below.Required:a. In what order should Hydroflask prioritize production of the products?b. How many of each product should be produced during the labor shortage to maximize profit?c. What is the total contribution margin if Hydroflask prioritizes production according to its limited resources?Required B Required CIn what order should Hanson prioritize production of the products?Required A1.7Required B >1,900

The contribution margin per scarce resource is determined to find the optimal mix of production. The…

Hydroflask water bottles produces three products, large mouth, small mouth and mini mouth water bottles. The company is currently facing a labor shortage, only 4,800 hours are available this month. The selling prices, costs, labor requirements, and demand for the three products are as follows: Large Mouth (Product A) Small Mouth (Product Mini Mouth (Product C) B) $38.00 $ 19.00 $ 52.00 $48.00 3.3 1,700 Sales price Variable cost per unit. Direct labor hours per unit Demand (units) Required: a. In what order should Hydroflask prioritize production of the products? b. How many of each product should be produced during the labor shortage to maximize profit? c. What is the total contribution margin if Hydroflask prioritizes production according to its limited resources? $ 70.00 $ 53.00 2.1 1,200 1.7 1,900

Hydroflask water bottles produces three products, large mouth, small mouth and mini mouth water bottles. The company is currently facing a labor shortage, only 4,800 hours are available this month. The selling prices, costs, labor requirements, and demand for the three products are as follows: Large Mouth (Product A) Small Mouth (Product Mini Mouth (Product C) B) $38.00 $ 19.00 $ 52.00 $48.00 3.3 1,700 Sales price Variable cost per unit. Direct labor hours per unit Demand (units) Required: a. In what order should Hydroflask prioritize production of the products? b. How many of each product should be produced during the labor shortage to maximize profit? c. What is the total contribution margin if Hydroflask prioritizes production according to its limited resources? $ 70.00 $ 53.00 2.1 1,200 1.7 1,900

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead

Section: Chapter Questions

Problem 10E: Standard unit cost and journal entries The normal capacity of Algonquin Adhesives Inc. is 40,000...

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