SavedAn sutomated turning machine is the current constraint at the compony. Three products use this constrained resource. Dota concerning those products appear beloW:Selling price per unitVariable cost per unitMinutes on the constraintLN$ 164.11$ 125.172.20$ 307.80$ 237.604.50RO$ 426.77$ 331.736.60Rank the products in order of their current profitability from most profitable to leost profitoble. In other words, rank the products in the order in which they should be emphasized. (Round your Intermedlate calculations to 2cMultiple CholceRQ. JQ, LNO RQ.RQ, LN, JQLN. JQ, RQOJO, RQ, LN

In order to determine the contribution margin per unit, the variable cost per unit is required to be…

An automated turning machine is the current constraint at the company. Three products use this constrained resource. Data concerning those products appear below: LN Selling price per unit Variable cost per unit Minutes on the constraint RO $ 426.77 $ 331.73 $4164.11 $ 125.17 $ 307.80 $ 237.60 %24 2.20 4,50 6.60 Rank the products in order of their current profitability from most profitable to least profitable. In other words, rank the products in the order in which they should be emphasized. (Round your Intermedlate calculations to Multiple Cholce RQ. JQ. LN RQ, LN, JQ LN, JQ, RQ

An automated turning machine is the current constraint at the company. Three products use this constrained resource. Data concerning those products appear below: LN Selling price per unit Variable cost per unit Minutes on the constraint RO $ 426.77 $ 331.73 $4164.11 $ 125.17 $ 307.80 $ 237.60 %24 2.20 4,50 6.60 Rank the products in order of their current profitability from most profitable to least profitable. In other words, rank the products in the order in which they should be emphasized. (Round your Intermedlate calculations to Multiple Cholce RQ. JQ. LN RQ, LN, JQ LN, JQ, RQ

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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Prepare an Excel worksheet that illustrates cost-volume-profit (CVP) analysis, also referred to as breakeven analysis. Assume that a particular product sold at Astro Ltd a US toy company has a sales price per unit of $4.00; variable cost per unit of $2.20; and total fixed cost of $90,000. 1) Calculate the contribution margin per unit, the break-even point in units of sales, and the break-even point in dollars of sales. In the input area, show sales price per unit, variable cost per unit, and total fixed cost. In the output area, show contribution margin per unit, breakeven point in units, and breakeven point in dollars computed using appropriate formulas. 2) Assume that the planning team at Astro Ltd estimates that for the next planning period selling price for this product will increase 40%; variable expenses will decrease 25%; and that total fixed cost will decrease 25%. Compute the new values for sales price per unit, variable cost per…
The table below shows cost data for producing different amounts of cleaning products. Use the given information to answer the questions below. Quantity Total Cost Variable Cost Marginal Cost Average Variable Cost Average Total Cost in $ in $ in $ in $ in $ 344 0 354 10 384 40 444 100 534 190 644 300 0 5 10 15 20 25 A What is the profit (loss) at that level of production? 2 6 12 18 22 How many cleaning products would a competitive firm produce if the market price was $18? 2.00 4.00 6.67 9.50 12.00 70.80 38.40 29.60 26.70 25.76
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Merlot Manufacturing Ltd makes three different products, the details of which are as follows: Product (code name) 167X 325Y 7422 Selling price per unit (£) 40 30 28 Variable cost per unit (£) 15 18 14 Weekly demand (units) 45 50 20 Skilled labour time per unit (hours) 3. Skilled labour time is limited to 200 hours a week. Which combination of products should be manufactured if the business is to produce the highest profit? Show your answer by filling out the table below. (Round up units of product 167X units of product 325Y units of product 742Z Enter any number or expression in each of the edit fields. 26
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