An automated turning machine is the current constraint at Jordison Corporation.Three products use this constrained resource. Data concerning those productsappear below:Selling price per unitVariable cost per unitMinutes on the constraintMultiple ChoiceRank the products in order of their current profitability from most profitable toleast profitable. In other words, rank the products in the order in which theyshould be emphasized. (Round your intermediate calculations to 2 decimalplaces.)LN, JQ, RQRQ, LN, JQRQ, JQ, LNJQ, RQ, LN< Prev3 of 9LN162.13$$ 139.331.50wwwwwwJQ$ 338.04$ 252.246.50Next >$$ chine is the current constraint at Jordison Corporation.constrained resource. Data concerning those products- unitunit▪nstraintLN$ 162.13$ 139.331.50er of their current profitability from most profitable towords, rank the products in the order in which theyRound your intermediate calculations to 2 decimal2 of 9JQ$338.04$252.246.50wwwwwwMNext >RQ$ 412.56$ 348.845.40

The contribution margin represents the excess of sales revenue over the variable costs. The products are ranked on the basis of contribution margin per constrained resource.Ranking the products: LN JQ RQ Selling Price per unit (a) $162.13 $338.04 $412.56 Variable Cost per unit (b) 139.33 252.24 348.84 Contribution Margin per unit (a - b) $22.80 $85.80 $63.72 Number of minutes 1.50 6.50 5.40 Contribution margin per minute $22.80÷1.50 = $15.20 $85.80÷6.50 = $13.20 $63.72÷5.40 = $11.80 Ranking First Second Third Hence, option a. LN, JQ, RQ is correct for products in order of their current profitability from most profitable to least profitable.

Business

Accounting

chine is the current constraint at Jordison Corporation. onstrained resource. Data concerning those products unit unit nstraint LN $ 162.13 $ 139.33 1.50 JQ $ 338.04 $ 252.24 6.50 r of their current profitability from most profitable to "ords, rank the products in the order in which they "ound your intermediate calculations to 2 decimal RQ $ 412.56 $ 348.84 5.40

chine is the current constraint at Jordison Corporation. onstrained resource. Data concerning those products unit unit nstraint LN $ 162.13 $ 139.33 1.50 JQ $ 338.04 $ 252.24 6.50 r of their current profitability from most profitable to "ords, rank the products in the order in which they "ound your intermediate calculations to 2 decimal RQ $ 412.56 $ 348.84 5.40

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Кееp-or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with amounts given in thousands, follows: Alanson Вoyne Conway Total Sales revenue $1,280 $185 $345 $1,810 Less: Variable expenses 1,115 45 276 1,436 Contribution margin $165 $140 $69 $374 Less direct fixed expenses: Depreciation 50 15 10 75 Salaries 95 85 88 268 Segment margin $20 $40 $(29) $31 Direct fixed expenses consist of depreciation and plant supervisory salaries. All depreciation on the equipment is dedicated to the product lines. None of the equipment can be sold. Assume that each of the three products has a different supervisor whose position would remain if the associated product were dropped. Required: CONCEPTUAL CONNECTION: Estimate the impact on profit that would result from dropping Conway. Enter amount in full, rather than in thousands. For example, "15000" rather than "15". Decrease Should Petoskey keep or drop Conway? Keep Feedback Check My Work…
Please do not give solution in image format thanku
Complete this question by entering your answers in the tabs below. Required A Assume that only one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Case 1 Case 2 Case 3 Case 4 Units sold 8,700 19,200 5,100 Sales $261,000 $300,000 $173,400 Variable expenses 174,000 211,200 Fixed expenses 91,000 174,000 75,000 Net operating income (loss) $6,000 $145,400 $1,500 Contribution margin per unit $12 $12
Vishano
W. Region E. Region Stock Inc. Darby Corp $ Cost of goods sold 590,000 1,050,000 301,000 200,000 + Operating income (loss) + $ + $ + Cust-level oper. costs 54,110 50,670 35,250 29,600 Total = Total customer-level costs 644,110 1,100,670 336,250 229,600 = || || GA GA CA Now prepare a customer-cost hierarchy report. (Use parentheses or a minus sign to enter an operating loss. Abbreviations used: W. = West; E. = East; Dist. = Distribution; oper. = operating; inc. = income.) EA Customer Distribution Channels Wholesale Customers Total W. Region E. Region Wholesale Wholesaler Wholesaler Retail Customers Total Retail Stock Inc. Darby Corp
Accounting BUY Chapte... Managerial Accounting 15th Edition ISBN: 9781337912020 Author: Carl Warren, Ph.d. Cma William B. Tayler Publisher: South-Western College Pub Problem 5BE Section... Question Sales Mix and Break-Even Analysis Megan Company has fixed costs of $299,700. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $210 $120 $90 Zoro 150 100 50 The sales mix for products Yankee and Zoro is 10% and 90%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee 3,330 X units b. Product Model Zoro < Feedback See similar textbooks units ▼ Check My Work Subtract the combined unit variable cost from the combined unit selling price. Divide the fixed costs by the combined unit contribution margin to find break-even point in units. Units for Yankee and Zoro will be break-even point in units…
Current Attempt in Progress Some financial information for each of three companies is reflected below in columns A, B, and C. Use your knowledge of CVP relationships to fill in the missing pieces numbered (1) through (9). Consider each company (i.e., column) separately. (Round variable cost per unit and contribution margin ratio to 2 decimal places, e.g. 0.24.) Selling price Total fixed costs Sales volume (units) Variable cost/unit Operating income Tax rate After-tax profit Contribution margin ratio A $6 $13,100 29,000 $40,840 (1) % (2) $28,588 (3) B $800 2,500 $384 25% $684,375 (4) (5) (6) с $389,000 $30.24 $229,240 40% 0.64
Please do not give solution in image format thanku