**Overview:**Summer Enterprises produces "Breeze" and "Storm" cooling fans. The following data relates to each product:| | Breeze | Storm ||---------------------------|--------|-------|| Sales price per unit | $200 | $300 || Direct materials per unit | $60 | $70 || Direct labour per unit | $30 | $35 || Variable overhead per unit| $10 | $15 || Direct labour hours per unit | 2 | 3 |There is a maximum of 24,000 direct labour hours available each year.**Question 3.1:**Calculate the contribution margin per direct labour hour for the Breeze cooling fan. **NOTE:** Enter only the number of dollars, do not enter the dollar, "$", symbol. Therefore, if your answer is "$10", enter only "10". **Question 3.2**Calculate the contribution margin per direct labour hour for the Storm cooling fan. **NOTE:** Enter only the number of dollars, do not enter the dollar, "$", symbol. Therefore if your answer is "$10", enter only "10".[Answer Box]---**Question 3.3**Based on the direct labour hours available, which cooling fan should Summer Enterprises produce first?- ⃝ Breeze- ⃝ Storm

Name: **Overview:**Summer Enterprises produces "Breeze" and "Storm" cooling
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Description: **Overview:**Summer Enterprises produces "Breeze" and "Storm" cooling fans. The following data relates to each product:| | Breeze | Storm ||---------------------------|--------|-------|| Sales price per unit | $200 |

Solution 3.1: Breeze Sales Price $200.00 Variable costs: Direct materials $60.00…

Business

Accounting

Summer Enterprises produces "Breeze" and "Storm" cooling fans. Selected data related to each product is as follows: Breeze Storm Sales price per unit $200 $300 Direct materials per unit $60 $70 Direct labour per unit $30 $35 Variable overhead per unit $10 Direct labour hours per unit 2 $15 3

Summer Enterprises produces "Breeze" and "Storm" cooling fans. Selected data related to each product is as follows: Breeze Storm Sales price per unit $200 $300 Direct materials per unit $60 $70 Direct labour per unit $30 $35 Variable overhead per unit $10 Direct labour hours per unit 2 $15 3

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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