36. What order should the products be made in, in order to maximize profits? Ess Co. manufactures four products but next month there is likely to be a shortage of labour. The following information is available. Q R S T P40 P36.25 P44 P47.50 Contribution per unit Net profit per unit 11.50 12 13 12.50 12.50 12 11 9.50 Contribution per labor hour Net profit per labour hour 3.50 4 3.25 2.50 O a. Q,R,S,T O b. R,Q,S,T c. S,T,R,Q O d. T,S,Q,R 2

36. What order should the products be made in, in order to maximize profits? Ess Co. manufactures four products but next month there is likely to be a shortage of labour. The following information is available. Q R S T P40 P36.25 P44 P47.50 Contribution per unit Net profit per unit 11.50 12 13 12.50 12.50 12 11 9.50 Contribution per labor hour Net profit per labour hour 3.50 4 3.25 2.50 O a. Q,R,S,T O b. R,Q,S,T c. S,T,R,Q O d. T,S,Q,R 2

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question A1 Monscer Ltd produce three distinct products, the costing data is as follows: Y Z £ £ Selling price Labour cost at £11 per hour 22 5.50 11 Material costs at £6 per kg Fixed costs 48 22 33 36 7 2 4 Profit 13 11.50 12 Monscer require skilled labour in the production process and have recently lost a number of experienced staff to a rival company and are faced with a labour shortage. Assuming there is unlimited demand for each product, rank the products in order from most profitable to least profitable given the shortage of labour.
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Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,140 15,134 April 2,606 10,115 May 2,803 11,896 June 3,889 18,146 a.$0.16 b.$1.12 c.$1.08 d.$1.60
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Time left 0:56 Which of the following describes a fixed cost? O a. total cost that fluctuates with changes in output. O b. selling, general or administrative cost incurred in a manufacturing company. O c. total cost that remains constant within the relevant range of output. on O d. overhead cost that is incurred in the factory of a manufacturing company. Next page s page 73% 19 FI F3 F4 F5 F6 F7 F8 F10 %23 $4 & 1 2 3 4 7 V E R Y U JA S DCF 1 G Y H iJ K 31 CV) BYNIM
Time left 1:40:2 Mazoon Company has information on its revenue and costs is as follows: Selling price per unit $70; Variable costs per unit includes: Direct material $16, Direct manufacturing labor $8, Manufacturing overhead $8, and Selling costs $10; Annual fixed costs $85,000. What is the contribution margin percentage? O a. 70% O b. None of the given answers Oc. 52.5% O d. 40% O e. 60% o search 14:19 a d) ENG 15-04-2021 ort sc delete home end DQ UD %24 num 6. 8 + + backspace lock E T U 7 V 8 A home K 5 0 enter D F G J pause t shift 11 end alt ctrl
QUESTION 2 A factory's records show the following costs and outputs for the last five months: Month |January February March Cost (£) 17,125 Output 650 17,800 940 April May 18,650 17,980 18,760 1,260 990 1,150 Using the High - Low method to calculate, what wouid the cost be of producing 1,000 units? O a. E15,500.00 Ob.E17,958.40 Oc £18,000.00 d. E18,269.50
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