Blossom Company manufactures and sells three products. Relevant per unit data concerning each product are given below. Product A B C Selling price $11 $14 $16 Variable costs and expenses $6 $12 $13 Machine hours to produce 2 1 2 (a) Compute the contribution margin per unit of limited resource (machine hours) for each product. (Round contribution margin per unit to 2 decimal places, e.g. 1.50.) Product A Product B Product C Contribution margin per unit of limited resource $enter a dollar amount rounded to 2 decimal places $enter a dollar amount rounded to 2 decimal places
Blossom Company manufactures and sells three products. Relevant per unit data concerning each product are given below. Product A B C Selling price $11 $14 $16 Variable costs and expenses $6 $12 $13 Machine hours to produce 2 1 2 (a) Compute the contribution margin per unit of limited resource (machine hours) for each product. (Round contribution margin per unit to 2 decimal places, e.g. 1.50.) Product A Product B Product C Contribution margin per unit of limited resource $enter a dollar amount rounded to 2 decimal places $enter a dollar amount rounded to 2 decimal places
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Blossom Company manufactures and sells three products. Relevant per unit data concerning each product are given below.
|
Product
|
||||||
|---|---|---|---|---|---|---|
|
A
|
B
|
C
|
||||
|
Selling price
|
$11 | $14 | $16 | |||
|
Variable costs and expenses
|
$6 | $12 | $13 | |||
|
Machine hours to produce
|
2 | 1 | 2 |
(a)
Compute the contribution margin per unit of limited resource (machine hours) for each product. (Round contribution margin per unit to 2 decimal places, e.g. 1.50.)
|
Product A
|
Product B
|
Product C
|
||||
|---|---|---|---|---|---|---|
|
Contribution margin per unit of limited resource
|
$enter a dollar amount rounded to 2 decimal places
|
$enter a dollar amount rounded to 2 decimal places
|
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