please answer without copy paste and with all work like explanation , computation, formula with steps need correct and complete answer for better understanding please answer in text no AI no handwritten no image need accurate answer Assume that a company makes three products-Product A, Product B, and Product C-and provides the following information with respect to thoseproducts:Selling priceVariable costs per unit:Direct materialsDirect laborVariable overheadTotal variable cost per unitContribution margin per unitOO$14.00$20.00$15.00Product A$70The company incurs total fixed costs of $50,000. The maximum demand for each of its products is 600 units. Its direct material cost is $8.00 perpound. The company has only 1,400 pounds of direct materials available for production. Assuming the company has made optimal use of its 1,400pounds off direct material, what is the maximum amount per pound the company should be willing to pay for additional direct materials?$16.001640258$12Product B Product C$75$85**~**$212032355$30

Production with limited factor we need to calculate contribution margin for limited key factor.…

Assume that a company makes three products-Product A, Product B, and Product C-and provides the following information with respect to those products: Selling price. Variable costs per unit: Direct materials. Direct labor Variable overhead Total variable cost per unit. Contribution margin per unit. $14.00 $20.00 Product A $70 $15.00 16 40 2 58 $12 Product B $75 24 28 2 54 $21 The company incurs total fixed costs of $50,000. The maximum demand for each of its products is 600 units. Its direct material cost is $8.00 per pound. The company has only 1,400 pounds of direct materials available for production. Assuming the company has made optimal use of its 1,400 pounds off direct material, what is the maximum amount per pound the company should be willing to pay for additional direct materials? Product C $85 20 32 3 55 $30

Assume that a company makes three products-Product A, Product B, and Product C-and provides the following information with respect to those products: Selling price. Variable costs per unit: Direct materials. Direct labor Variable overhead Total variable cost per unit. Contribution margin per unit. $14.00 $20.00 Product A $70 $15.00 16 40 2 58 $12 Product B $75 24 28 2 54 $21 The company incurs total fixed costs of $50,000. The maximum demand for each of its products is 600 units. Its direct material cost is $8.00 per pound. The company has only 1,400 pounds of direct materials available for production. Assuming the company has made optimal use of its 1,400 pounds off direct material, what is the maximum amount per pound the company should be willing to pay for additional direct materials? Product C $85 20 32 3 55 $30

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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