Question: Accounting Problem please answer asap!! The company estimates that it can sell 1,000 units of each product per month. The same raw material is used

Accounting Problem
please answer asap!!
 Accounting Problem please answer asap!! The company estimates that it can
sell 1,000 units of each product per month. The same raw material
is used in each product. The material costs $3 per pound with

The company estimates that it can sell 1,000 units of each product per month. The same raw material is used in each product. The material costs $3 per pound with a maximum of 6,600 pounds available each month. Required: 1. Calculate the contribution margin per pound of the constraining resource for each product. 2. Which orders would you advise the company to accept first, those for A,B, or C ? Which orders second? Third? 3. What is the maximum contribution mergin that the company can earn per month if it makes optimal use of its 6.600 pounds of materials? Complete this question by entering your answers in the tabs below. Calculate the contribution margin per pound of the constraining resource for each product. (Round your answers to 2 decimal places.) The company estimates that it can sell 1,000 units of each product per month. The same raw material is used in each product. The material costs $3 per pound with a maximum of 6,600 pounds available each month. Required: 1. Calculate the contribution margin per pound of the constraining resource for each product. 2. Which orders would you advise the company to accept first, those for A,B, or C ? Which orders second? Third? 3. What is the maximum contribution margin that the company can eam per month if it makes optimal use of its 6,600 pounds of materials? Complete this question by entering your answers in the tabs below. Which orders would you advise the company to accept first, those for A,B, or C7 Which orders second? Third? Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per unit): The company estimates that it can sell 1,000 units of each product per month. The same raw material is used in each product. The material costs $3 per pound with a maximum of 6,600 pounds available each month. Required: 1. Calculate the contribution margin per pound of the constraining resource for each product. 2. Which orders would you advise the company to accept first, those for A,B, or C? Which orders second? Third? 3. What is the maximum contribution margin that the comparyy can earn per month if it makes optimal use of its 6.600 pounds of materials? Complete this question by entering your answers in the tabs below. What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 6,600 pounds of materiais? (Round your intermediate calculations to 2 decimal placen,)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!