TB MC Qu. 14-77 Newton Manufacturing has...Newton Manufacturing has 71,900 labor hours available for producing M and N. Consider the following information:Required labor time per unit (hours)Maximum demand (units)Contribution margin per unitContribution margin per labor hourMultiple ChoiceOIf Newton follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate?O$41,600$98,750.$99,150.$101,750.Product MNone of the answers is correct.7,100$ 6.00$ 1.50Product N59,100$ 6.50$ 1.30

The correct option with proper explanation are as follows

TB MC Qu. 14-77 Newton Manufacturing has... Newton Manufacturing has 71,900 labor hours available for producing M and N. Consider the following information: Required labor time per unit (hours) Maximum demand (units) Contribution margin per unit Contribution margin per labor hour. Multiple Choice f Newton follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate? O $41,600. Product M 4 7,100 $ 6.00 $ 1.50 $98.750. Product N 5 9,100 $ 6.50 $ 1.30

TB MC Qu. 14-77 Newton Manufacturing has... Newton Manufacturing has 71,900 labor hours available for producing M and N. Consider the following information: Required labor time per unit (hours) Maximum demand (units) Contribution margin per unit Contribution margin per labor hour. Multiple Choice f Newton follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate? O $41,600. Product M 4 7,100 $ 6.00 $ 1.50 $98.750. Product N 5 9,100 $ 6.50 $ 1.30

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Please answer fast please help arjent
Need help with this question from the prior chapter this is one of them I'm stuck on
Question 19?
A 1 Original Data: 2 3 4 5 6 7 8 9 10 11 12 Part 1 13 14 15 16 Estimated MOH Estimated DLHS 28 29 B Selling price per unit Direct materials per unit Direct labour per unit Direct labour-hours per unit Estimated annual productio POR: 17 18 Sales 19 Less product costs 20 21 22 23 Total product costs 24 Product margin Direct materials Direct labour Manufacturing overhead 25 Units produced and sold: 26 Product margin per unit 27 $1,350,000 112,500 High Grade $212.50 $83.50 $30.00 1.00 75,000 High Grade D Professional $387.00 $212.00 $45.00 1.50 25,000 per DLHs Professional Total
Help answer pls
A2 plese help.......
1 of 12 Assignment: 1 Case: 1 The Cost Sheet of a product is given as under: Direct Materials Direct Wages Factory Overheads: Fixed Variable Administrative Expenses: Selling and Distribution Overheads: Fixed Variable Total OMR 6.00 3.00 0.50 0.50 0.75 0.25 0.50 11.50 The selling price per unit is OMR 13. The above figures are for an output of 85,000 units, the capacity of the firm is 100,000 units. A foreign customer is desirous of buying 15,000 units at a price of OMR 10.50 per unit. (A) Advise the manufacturer, whether the order should be accepted. (B) What will be your advice, if the orders were from a local merchant, at the same price? (C) What would be the profits, if the local selling price falls to OMR 11 from OMR 13, after acceptance of the order from a local merchant?
gpu.9
am. 106.
Question Doom Bhd manufactures and sells a single product. Cost data for the product are given below: Variable costs per unit: Direct materials RM 7 Direct labour RM 10 Variable manufacturing overhead RM 5 Variable selling and administrative overhead RM 3 Total variable cost per unit RM 25 Fixed costs per month: Fixed manufacturing overhead RM315,000 Fixed selling and administrative overhead RM245,000 RM560,000 The product sells for RM60 per unit. Production and sales data for July and August, that is, the first two months of operations, follow: Units produced Units sold July 17,500 15,000 August 17,500 20,000 The…
Manny Co.
Variable manufacturing overhead Direct materials. Direct labor Fixed manufacturing overhead Variable marketing and administrative Vegas produced and sold 11,000 units. If the product sells for $115, what is the gross margin? Multiple Choice $209,000 $110,000 $396,000 $ 30 25 24 17 9 $297,000