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Helena Company manufactures and sells two products. Relevant per unit data concerning each product follow. Product Basic Selling price $42.00 Variable costs $14.70 Machine hours 0.70 Contribution margin Calculate total contribution margin if the additional 1,080 hours are: (1) Divided equally between the products. Basic Contribution margin $ Deluxe Basic $52.00 $27.50 0.70 $ Deluxe (2) Allocated entirely to the product identified above. $ Deluxe $ Total $ Total $

Helena Company manufactures and sells two products. Relevant per unit data concerning each product follow. Product Basic Selling price $42.00 Variable costs $14.70 Machine hours 0.70 Contribution margin Calculate total contribution margin if the additional 1,080 hours are: (1) Divided equally between the products. Basic Contribution margin $ Deluxe Basic $52.00 $27.50 0.70 $ Deluxe (2) Allocated entirely to the product identified above. $ Deluxe $ Total $ Total $

FINANCIAL ACCOUNTING
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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Helena Company manufactures and sells two products. Relevant per unit data concerning each product follow. Product Basic Selling price Variable costs Machine hours 0.70 $42.00 $14.70 Contribution margin Basic Contribution margin $ Calculate total contribution margin if the additional 1,080 hours are: (1) Divided equally between the products. Deluxe Basic $52.00 $27.50 $ 0.70 Deluxe (2) Allocated entirely to the product identified above. $ Deluxe $ Total $ Total $
Transcribed Image Text:Helena Company manufactures and sells two products. Relevant per unit data concerning each product follow. Product Basic Selling price Variable costs Machine hours 0.70 $42.00 $14.70 Contribution margin Basic Contribution margin $ Calculate total contribution margin if the additional 1,080 hours are: (1) Divided equally between the products. Deluxe Basic $52.00 $27.50 $ 0.70 Deluxe (2) Allocated entirely to the product identified above. $ Deluxe $ Total $ Total $
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