Please do not give solution in image format thanku Widgeon Co. manufactures three products: Bales, Tales, and Wales. The selling prices are $55, $78, and$32, respectively. The variable costs for each product are $20, $50, and $15, respectively. Each productmust go through the same processing in a machine that is limited to 2,000 hours per month. Bales take 5hours to process; Tales, 7 hours; and Wales 1 hour.2. Assuming that Widgcon Co. can sell all of the products it can make, what is the maximum contributionmargin it can earn per month?a. $49,000b. $70,000c. $56,000$34,000

Contribution margin is the amount of money earned by the entity after deducting the variable costs…

Answered: Widgeon Co. manufactures three…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Measure Maps Silver Lining Inc. has a balanced scorecard with a strategy map that shows that delivery time and the number of erroneous shipments are expected to affect the company’s ability to satisfy the customer. Further, the strategy map for the balanced scorecard shows that the hours from ordered to delivered affects the percentage of customers who shop again, and the number of erroneous shipments affects the online customer satisfaction rating. The following information is also available: The company’s target hours from ordered to delivered is 20. Every hour over the ordered-to-delivered target results in a 0.5% decrease in the percentage of customers who shop again. The company’s target number of erroneous shipments per year is no more than 70. Every error over the erroneous shipments target results in a 0.05 point decrease in the online customer satisfaction rating and an added future financial loss of $500. The company estimates that for every 1% decrease in the percentage of…
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