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Each morning, Joel Stenback stocks the drink case at Joel's Beach Hut in Myrtle Beach, South Carolina. The drink case has 105 linear feet of refrigerated drink space. Each linear foot can hold either seven 12-ounce cans or three 20-ounce bottles. (Click the icon to view the information on the cold drinks.) Joel's Beach Hut can sell all the drinks stocked in the display case each morning. Read the requirements. Requirement 1. What is Joel's Beach Hut's constraining factor? What should Joel stock to maximize profits? The constraining factor is What should Joel stock to maximize profits? Complete the product mix analysis to determine which product would maximize Joel's profits. First stock Next stock Sales price per unit Variable cost per unit Contribution margin per unit Units per linear foot of shelf space Contribution margin per linear foot of shelf space Decision: Stock Requirement 2. Suppose Joel's Beach Hut refuses to devote more than 75 linear feet to any individual product. Under this condition, how many linear feet of each drink should Joel's stock? How many units of each product will be available for sale each day? (Abbreviation used: CM = contribution margin.) Joel's Beach Hut should stock its shelves as follows: linear feet with the product that has the linear feet with the product that has the Right-Cola 12 oz. Cans Right-Cola in 12 oz. cans: Right-Cola in 20 oz. bottles: Pep-Cola in 20 oz. bottles: cans Right-Cola Pep-Cola 20 oz. Bottles 20 oz. Bottles How many units of each product will be available for sale each day based on the product mixed determined in the preceding step? (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) bottles bottles CM per linear foot- CM per linear foot-

Each morning, Joel Stenback stocks the drink case at Joel's Beach Hut in Myrtle Beach, South Carolina. The drink case has 105 linear feet of refrigerated drink space. Each linear foot can hold either seven 12-ounce cans or three 20-ounce bottles. (Click the icon to view the information on the cold drinks.) Joel's Beach Hut can sell all the drinks stocked in the display case each morning. Read the requirements. Requirement 1. What is Joel's Beach Hut's constraining factor? What should Joel stock to maximize profits? The constraining factor is What should Joel stock to maximize profits? Complete the product mix analysis to determine which product would maximize Joel's profits. First stock Next stock Sales price per unit Variable cost per unit Contribution margin per unit Units per linear foot of shelf space Contribution margin per linear foot of shelf space Decision: Stock Requirement 2. Suppose Joel's Beach Hut refuses to devote more than 75 linear feet to any individual product. Under this condition, how many linear feet of each drink should Joel's stock? How many units of each product will be available for sale each day? (Abbreviation used: CM = contribution margin.) Joel's Beach Hut should stock its shelves as follows: linear feet with the product that has the linear feet with the product that has the Right-Cola 12 oz. Cans Right-Cola in 12 oz. cans: Right-Cola in 20 oz. bottles: Pep-Cola in 20 oz. bottles: cans Right-Cola Pep-Cola 20 oz. Bottles 20 oz. Bottles How many units of each product will be available for sale each day based on the product mixed determined in the preceding step? (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) bottles bottles CM per linear foot- CM per linear foot-

SWFT Individual Income Taxes
SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter18: Accounting Periods And Methods
Section: Chapter Questions
Problem 1RP
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Data table Joel's Beach Hut sells three types of cold drinks: 1. Right-Cola in 12-oz. cans for $1.35 per can 2. Right-Cola in 20-oz. bottles for $1.95 per bottle 3. Pep-Cola in 20-oz. bottles for $2.30 per bottle Joel's Beach Hut pays its suppliers: 1. $0.10 per 12-oz. can of Right-Cola 2. $0.40 per 20-oz. bottle of Right-Cola 3. $0.70 per 20-oz. bottle of Pep-Cola Joel's Beach Hut's monthly fixed costs include: Hut rental $ Refrigerator rental Joel's salary Total fixed costs Print $ Done 380 70 1,550 2,000 -
Transcribed Image Text:Data table Joel's Beach Hut sells three types of cold drinks: 1. Right-Cola in 12-oz. cans for $1.35 per can 2. Right-Cola in 20-oz. bottles for $1.95 per bottle 3. Pep-Cola in 20-oz. bottles for $2.30 per bottle Joel's Beach Hut pays its suppliers: 1. $0.10 per 12-oz. can of Right-Cola 2. $0.40 per 20-oz. bottle of Right-Cola 3. $0.70 per 20-oz. bottle of Pep-Cola Joel's Beach Hut's monthly fixed costs include: Hut rental $ Refrigerator rental Joel's salary Total fixed costs Print $ Done 380 70 1,550 2,000 -
Each morning, Joel Stenback stocks the drink case at Joel's Beach Hut in Myrtle Beach, South Carolina. The drink case has 105 linear feet of refrigerated drink space. Each linear foot can hold either seven 12-ounce cans or three 20-ounce bottles. (Click the icon to view the information on the cold drinks.) Joel's Beach Hut can sell all the drinks stocked in the display case each morning. Read the requirements. Requirement 1. What is Joel's Beach Hut's constraining factor? What should Joel stock to maximize profits? The constraining factor is What should Joel stock to maximize profits? Complete the product mix analysis to determine which product would maximize Joel's profits. First stock Next stock Sales price per unit Variable cost per unit Contribution margin per unit Units per linear foot of shelf space Contribution margin per linear foot of shelf space Decision: Stock Requirement 2. Suppose Joel's Beach Hut refuses to devote more than 75 linear feet to any individual product. Under this condition, how many linear feet of each drink should Joel's stock? How many units of each product will be available for sale each day? (Abbreviation used: CM = contribution margin.) Joel's Beach Hut should stock its shelves as follows: linear feet with the product that has the linear feet with the product that has the Right-Cola 12 oz. Cans Right-Cola in 12 oz. cans: Right-Cola in 20 oz. bottles: Pep-Cola in 20 oz. bottles: cans Right-Cola Pep-Cola 20 oz. Bottles 20 oz. Bottles How many units of each product will be available for sale each day based on the product mixed determined in the preceding step? (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) bottles bottles CM per linear foot- CM per linear foot-
Transcribed Image Text:Each morning, Joel Stenback stocks the drink case at Joel's Beach Hut in Myrtle Beach, South Carolina. The drink case has 105 linear feet of refrigerated drink space. Each linear foot can hold either seven 12-ounce cans or three 20-ounce bottles. (Click the icon to view the information on the cold drinks.) Joel's Beach Hut can sell all the drinks stocked in the display case each morning. Read the requirements. Requirement 1. What is Joel's Beach Hut's constraining factor? What should Joel stock to maximize profits? The constraining factor is What should Joel stock to maximize profits? Complete the product mix analysis to determine which product would maximize Joel's profits. First stock Next stock Sales price per unit Variable cost per unit Contribution margin per unit Units per linear foot of shelf space Contribution margin per linear foot of shelf space Decision: Stock Requirement 2. Suppose Joel's Beach Hut refuses to devote more than 75 linear feet to any individual product. Under this condition, how many linear feet of each drink should Joel's stock? How many units of each product will be available for sale each day? (Abbreviation used: CM = contribution margin.) Joel's Beach Hut should stock its shelves as follows: linear feet with the product that has the linear feet with the product that has the Right-Cola 12 oz. Cans Right-Cola in 12 oz. cans: Right-Cola in 20 oz. bottles: Pep-Cola in 20 oz. bottles: cans Right-Cola Pep-Cola 20 oz. Bottles 20 oz. Bottles How many units of each product will be available for sale each day based on the product mixed determined in the preceding step? (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) bottles bottles CM per linear foot- CM per linear foot-
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