Kitchen Convenience Company manufactures two products - toaster ovens and bread machines. The following data are available:

Fantastic news! We've Found the answer you've been seeking!

Question:

Kitchen Convenience Company manufactures two products - toaster ovens and bread machines. The following data are available: Toaster Ovens Bread Machines
Sales price $100 $160
Variable costs $20 $70

Kitchen Convenience can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Kitchen Convenience's production capacity is 2,000 machine hours per month. What is the contribution margin per machine hour for bread machines?

A. $90
B. $540
C. $360
D. $80

Related Book For answer-question

Accounting Tools for business decision making

ISBN: 978-0470095461

4th Edition

Authors: kimmel, weygandt, kieso

See More Books

Posted Date: Jun 29, 2022 06:06 AM

See More Questions

A Company manufactures two products: toaster ovens and bread machines. The following data are available: Company can manufacture six toaster ovens per machine hour and four bread machines per machine...
Healthier Cook Company manufactures two products: toaster ovens and bread machines. The following data are available: Healthier Cook can manufacture six toaster ovens per machine hour and four bread...
Healthier Cook Company manufactures two products: toaster ovens and bread machines. The following data are available: Healthier Cook can manufacture six toaster ovens per machine hour and four bread...
Lamonda Corp. uses a job order cost system. On April 1, the accounts had the following balances: The following transactions occurred during April: (a) Purchased materials on account at a cost of...
On January 1, 2013, Robinson Company purchased Franklin Company at a price of $ 2,500,000. The fair market value of the net assets purchased equals $ 1,800,000. 1. What is the amount of goodwill that...
Don Ball is a 55-year-old engineer. According to mortality tables, a male at age 55 has an average life expectancy of 21 more years. In prior years, Don has accumulated $48,500 including interest,...
The following purchase related transactions for Axiom, Inc., occurred during the month of February. Requirement 1. Journalize the transactions for Axiom, Inc. Omit explanations. Feb 3 Purchased...
The March 31, 2014, adjusted trial balance for sopik Refrigeration Repairs is shown below with accounts in alphabetical order. 1 $5,000 of the long-term note payable is due during the year ended...
What are specific examples of how Google and Neeva used strategic vision and leadership to meet their long term Information Technology goals. Compare and contrast the two organizations
An infinite slab of dielectric material dielectric constant x is placed in a unif electric field of magnitude E. The fiel perpendicular to the surface of the slab. field inside the slab is (A) E E%E0...
4. Mahindra and Mahindra Ltd is in dilemma regarding their operation due to new variants of Covid. Since the management do not know whether India will be under complete or partial lockdown, they want...
An auditor who has been engaged to audit the financial statements of Ajax Inc. is ready to begin considering Ajax's internal controls. Required: 1. What are the objectives of internal control? 2....
A sociologist samples five families in a certain town and records their annual income. The incomes are $34,000, $57,000, $13,000, $1,200,000, and $62,000. In Exercises 19 and 20, identify the...
A population has mean = 25 and standard deviation = 4. a. Find the z-score for a population value of 16. b. Find the z-score for a population value of 31. c. What number has a z-score of 2.5?
Why is the assessment of control risk a critical part of any financial statement audit? What is the impact on an auditor's financial statement audit strategy if control risk is set at a high level...
Define a walkthrough. As part of the definition, describe how the procedure is used to develop an understanding of internal control over financial reporting. Also, describe the conditions, if any,...
The current value of future cash flows discounted at the discount rate is A. Future value B. Future value interest factor C. Present value interest factor D. Present value A level stream of cash...
An Atomic Energy Commission nuclear facility was established in Hanford, Washington, in 1943. Over the years, a significant amount of strontium 90 and cesium 137 leaked into the Columbia River. In a...
Sydney Corporation has these long-term investments: common stock of Russ Co. (10% ownership) held as available-for-sale securities, cost $108,000, fair value $112,000; common stock of Thomas Inc....
Why is it necessary to convert accrual basis net income to cash basis income when preparing a statement of cash flows?
Each of these items must be considered in preparing a statement of cash flows for Nemke Co. for the year ended December 31, 2012. For each item, state how it should be shown in the statement of cash...
Using Program12.m, find the first five natural frequencies of a thin fixed-fixed beam. Data From Example 8.4:- Find the natural frequencies of a bar with one end fixed and a mass attached at the...
Find the first two natural frequencies of a fixed-fixed uniform string of mass density $ho$ per unit length stretched between $x=0$ and $x=l$ with an initial tension $P$. Assume the...
A vehicle, of weight $F_{0}$, moving at a constant speed on a bridge (Fig. 8.43(a)) can be modeled as a concentrated load traveling on a simply supported beam as shown in Fig. 8.43(b). The...

Kitchen Convenience Company manufactures two products - toaster ovens and bread machines. The following data are available:

Question:

Expert Answer:

1 C 90 Contribution per mac... View the full answer

Accounting Tools for business decision making

Students also viewed these accounting questions