Please do not give solution in image format thanku Selling priceVariable costs per unit:Direct materialsDirect laborVariable overheadAssume that a company makes three products-Product A, Product B, and Product C-and provides the following information with respect to those products:Product A$70Product B$75Total variable cost per unitContribution margin per unitMultiple Choice$14.001640$20.00258$12Saved2428254$21Product C$85Help2032355$30The company incurs total fixed costs of $50,000. The maximum demand for each of its produconly 1,400 pounds of direct materials available for production. Assuming the company has made optimal use of its 1,400 pounds off direct material, what is the maximumis 600 units. Its direct material cost is $8.00 per pound. The company hasamount per pound the company should be willing to pay for additional direct materials?Save & Exit ntribution margin per unitMultiple ChoiceOO$14.00$20.00company incurs total fixed costs of $50,000. The maximum demand for each of its products is 600 units. Its direct material cost is $8.00 per pound. The company has1,400 pounds of direct materials available for production. Assuming the company has made optimal use of its 1,400 pounds off direct material, what is the maximumpunt per pound the company should be willing to pay for additional direct materials?$15.00$12$16.00$21SavedI$30mid... QHelp Save & Exit

Production with limited factor we need to calculate contribution margin for limited key factor.…

Selling price Variable costs per unit: Direct materials Direct labor Variable overhead Assume that a company makes three products-Product A, Product B, and Product C-and provides the following information with respect to those products: Product A $70 Product B $75 Total variable cost per unit Contribution margin per unit Multiple Choice O $14.00 16 40 2 58 $12 $20.00 Saved 24 28 2 54 $21 Product C $85 ន គ -â| 20 32 3 55 Help $30 The company incurs total fixed costs of $50,000. The maximum demand for each of its products is 600 units. Its direct material cost is $8.00 per pound. The company has only 1,400 pounds of direct materials available for production. Assuming the company has made optimal use of its 1,400 pounds off direct material, what is the maximum amount per pound the company should be willing to pay for additional direct materials? Save & Exit

Selling price Variable costs per unit: Direct materials Direct labor Variable overhead Assume that a company makes three products-Product A, Product B, and Product C-and provides the following information with respect to those products: Product A $70 Product B $75 Total variable cost per unit Contribution margin per unit Multiple Choice O $14.00 16 40 2 58 $12 $20.00 Saved 24 28 2 54 $21 Product C $85 ន គ -â| 20 32 3 55 Help $30 The company incurs total fixed costs of $50,000. The maximum demand for each of its products is 600 units. Its direct material cost is $8.00 per pound. The company has only 1,400 pounds of direct materials available for production. Assuming the company has made optimal use of its 1,400 pounds off direct material, what is the maximum amount per pound the company should be willing to pay for additional direct materials? Save & Exit

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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