Question: I have part 1 complete need help with 2 and 3. Thanks Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the

I have part 1 complete need help with 2 and 3. Thanks

Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the Goalpost, with unit contribution margins of $5 and $15, respectively. Regardless of type, each team shirts must be fed through a stitching machine to affix the appropriate team logo. The firm leases seven machines that each provides 1,000 hours of machine time per year. Each Homerun shirt requires 6 minutes of machine time, and each Goalpost shirt requires 30 minutes of machine time.

Assume that a maximum of 50,890 units of each team shirts can be sold.

Required:

If required, round your answers to the nearest whole number.

1. What is the contribution margin per hour of machine time for each type of team shirts?

	Contribution Margin
Homerun	$
Goalpost	$

2. What is the optimal mix of team shirts?

	Optimal Mix
Homerun	units
Goalpost	units

3. What is the total contribution margin earned for the optimal mix?

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!

help with 2 and 3 please Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the Goalpost, with unit contribution margins of $5 and $15, respectively. Regardiess of type,...

question due august 3rd by midnight please let me know if any assistance is needed Ch 12 1. Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett Manufacturing...

Determining the optimal Product Mix with One Constrained Resource Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the Goalpost, with unit contribution margins of $4 and...

Question1 Question 2: Determining the optimal Product Mix with One Constrained Resource Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the Goalpost, with unit...

Hi, I need help with Accounting, Cornerstone for Managerial Accounting chapters 13 and 14. I. Structuring a Special-Order Problem Harrison Ford Company has been approached by a new customer with an...

b the duct One Construined tesure and Sales Constant Casual in minutes eam hit the Homeron and the most with notion of team shirts must be fed through the machine toff the team logo. The methods.com...

QUESTION 1 QUESTION 2 QUESTION 3 Fresh Foods, a large restaurant chain, needs to determine if it would be cheaper to produce 5,000 units of its main food ingredient for use in its restaurants or to...

Determining the Optimal Product Mix with One Constrained Resource and a Sales Constraint Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the Goalpost, with unit...

Determining the optimal Product Mix with One Constrained Resource and a Sales Constraint Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the Goalpost, with unit...

What is the equation of a circle with its center at the (-4, 1) and a radius of 7.2 inches? ART COSAY C O SE S 2 15. N O O 4137

A psychiatrist is concerned about his daughter, who has suffered from extremely low self esteem and high anxiety since entering high school last year. Wondering if many of his daughters peers have...

41. Late-Night Talk Show Viewership. Jimmy Kimmel Live! on ABC, The Tonight Show Starring Jimmy Fallon on NBC, and The Late Show with Stephen Colbert on CBS are three popular latenight talk shows....

Hypothesis Testing of a Single Mean LCTCS Tuition: Louisiana Community And Technical College System consist of 2 community colleges across the state. I think RPCC's tuition and fees is lower than the...

Ethics. A friend of a college football coach faxed the coach a description of plays from a rival teams playbook. The coachs team was scheduled to play the rival team the next week.The coach accepted...

Create a name and catchy tag line for your business. A tag line is an easy-to-remember motto or phrase that succinctly describes your service or your approach to business.

Ethics. A pharmaceutical company hides indications of a drugs dangerous side effects and delays sending a message to physicians about possible effects until six months after research documented...