Duestion 9 Beta Incorporated is a smal business that knits winter clothing Mitens, Scarves, and Hats. The fem employs 12 me kniters ata wage rate of $15 per hour The firm does not want to pay overtime, so each employee works a maximum of 40 hours per week Beta needs to determine what to produce each week, given their imited labour supply. Further, Beta can sel at most 70 of each product each week. Information about revenues and unit production costs for their products is provided below Mittens Scarves $106.40 $1.00 S60.00 $5.00 Hats $62.90 Selling Price Direct Materials Direct Labour Variable MOH Contribution Margin $64.80 $6.00 $45.00 $3.00 $5.00 $30.00 $2.00 $10.80 $30.40 $25.90 Keeping in mind the weekly demand for Beta's products and their limited labour supply, what is the maximum contribution margin the firm can earn in a week?
Duestion 9 Beta Incorporated is a smal business that knits winter clothing Mitens, Scarves, and Hats. The fem employs 12 me kniters ata wage rate of $15 per hour The firm does not want to pay overtime, so each employee works a maximum of 40 hours per week Beta needs to determine what to produce each week, given their imited labour supply. Further, Beta can sel at most 70 of each product each week. Information about revenues and unit production costs for their products is provided below Mittens Scarves $106.40 $1.00 S60.00 $5.00 Hats $62.90 Selling Price Direct Materials Direct Labour Variable MOH Contribution Margin $64.80 $6.00 $45.00 $3.00 $5.00 $30.00 $2.00 $10.80 $30.40 $25.90 Keeping in mind the weekly demand for Beta's products and their limited labour supply, what is the maximum contribution margin the firm can earn in a week?
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Question 9
Beta Incorporated is a small business that knits winter clothing Mittens, Scarves, and Hats. The fem employs 12 tme knitters at a
wage rate of $15 per hour. The firm does not went to pay overtime, so each employee works a maximum of 40 hours per week
Beta needs to determine what to produce each week, given their limited labour supply. Further, Beta can sell at most 70 of each
product each week. Information about revenues and unit production costs for their products is provided below
Mittens
$64.80
Seling Price
Direct Materials
Direct Labour
Variable MOH
Contribution
Scarves
$106.40
$1.00
$60.00
$5.00
Hats
$62.90
$5.00
$30.00
$2.00
$6.00
$45.00
$3.00
Margin
$10 80
$30.40
$25.90
Keeping in mind the weekly demand for Beta's products and their limited labour supply, what is the maximum contribution margin
the firm can earn in a week?
Maimum Contrituon Margin
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