Question: how do i find when profits are maximized ? the cost for the regular bins are 8.40 and the large ones are 10.20 Storage 00:59:48

 how do i find when profits are maximized ? the cost

how do i find when profits are maximized ? the cost for the regular bins are 8.40 and the large ones are 10.20

Storage 00:59:48 Storage Solutions can sell as many of each size as it can produce. The company uses the same machinery to produce produce 9 large bins every hour, whereas it can produce 17 regular bins in tho same amount of time. Solutions produces plastic storage bins for household storage needs. The company makes two sizes of bins: large (50 galion) and regular (35 gallon), Demand for the products is so high hat 17 regular bins in the same amount of time. Fixod costs amount to $130,000 per period. Sales prices and variable costs are as both sizes. The machinery can only be run for 3,500 hours per period. Storage Solutions ca (Click the icon to view the costs.) follows Read the requirements Variable cost per unit Contribution margin per unit Units per machine hour Contribution margin per machine hour 79 54 Which product should Storage Solutions emphasize? Why? Storage Solutions should emphaice tho rourtion af gulier asl because his product Storage Solutions should emphasize t the production of regular bins because this product has the higher contribution margin per machine hour thbudion margih pr mcne hou) Roquirement 2. To maximize profits, how many of each size bin should Storage Solutions produce? machine hours making regular size b ns, and income be? Storage Solutions should spend machne hours mi king large sze bins Requirement 3. Given this produst mix, what will the company's operating Number of regular size bins per period Contribution margin per regular size bin Total contribution margin Fixed cost# Operating income

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