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All Terrain Tires manufactures three different off-road ATV tires: Model A, Model B, and Model C. Plenty of market demand exists for all models. The table below reports the prices and costs per unit of each product:
|
|
Model A |
Model B |
Model C |
|
Selling price |
$22 |
$30 |
$35 |
|
Direct materials costs |
$2 |
$5 |
$8 |
|
Direct labor costs ($15 per labor hour) |
$15 |
$10 |
$14 |
|
Variable support costs ($3 per machine hour) |
$3 |
$8 |
$6 |
|
Fixed support costs |
$100 |
$100 |
$100 |
Assuming that the company is constrained on machine hours, and all units produced can be sold, then which model is the most profitable?
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- HareshPowerTrain Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Mountain Monster and Desert Dragon, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: 1 Mountain Monster Desert Dragon 2 Sales price $5,200.00 $5,300.00 3 Variable cost of goods sold 3,240.00 3,450.00 4 Manufacturing margin $1,960.00 $1,850.00 5 Variable selling expenses 712.00 1,108.00 6 Contribution margin $1,248.00 $742.00 7 Fixed expenses 470.00 320.00 8 Income from operations $778.00 $422.00 In addition, the following sales unit volume information for the period is as follows: Mountain Monster Desert Dragon Sales unit volume 4,800 4,650 Required: a. Prepare a contribution margin by product report. Calculate the contribution margin ratio for each.…dont give answer in image format
