Exercise 3.- Determine the optimal production mix and prepare the income statement with the following information: A company produces pillows of three types: Standard, Deluxe and Orthopedic. Orthopedic. Standard $280 $130 2.5 hrs. 1000 units Deluxe $490 $385 2 hrs. 800 units $650 $590 4 hrs. 400 units Unit sales price Unit variable cost Man hours per unit Demand Fixed costs $100,000 This month, there were problems with staff turnover and layoffs, so the workforce is only 5,000 hours.

Exercise 3.- Determine the optimal production mix and prepare the income statement with the following information: A company produces pillows of three types: Standard, Deluxe and Orthopedic. Orthopedic. Standard $280 $130 2.5 hrs. 1000 units Deluxe $490 $385 2 hrs. 800 units $650 $590 4 hrs. 400 units Unit sales price Unit variable cost Man hours per unit Demand Fixed costs $100,000 This month, there were problems with staff turnover and layoffs, so the workforce is only 5,000 hours.

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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