Question: need help dont quick undertand how to take this questions on Sage Corporation manufactures two products with the following characteristics. Unit Contribution Margin Product 1


Sage Corporation manufactures two products with the following characteristics. Unit Contribution Margin Product 1 Machine Hours Required for Production 0.15 hours 0.1 hours $42 Product 2 $32 If Sage's machine hours are limited to 2,000 per month, determine which product it should produce Product 1 Product 2 Contribution margin per unit of limited resource $ $ Sage Corporation should produce Hamby Inc. has sales of $2,000,000 for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses. Fixed $600,000 Cost of goods sold Selling expenses Administrative expenses Variable $760,000 95.000 79,000 60,000 66,000 Prepare a CVP Income statement for the quarter ended March 31,2022 HAMBY INC. CVP Income Statement For the Quarter Ended March 31, 2022 Sales Variable Expenses Cost of Goods Sold Selling Expenses Administrative Expemes Total Variable Expenses Variable Expenses Cost of Goods Sold $ Selling Expenses Administrative Expenses Total Variable Expenses Contribution Margin Fixed Expenses Cost of Goods Sold Selling Expenses Administrative Expenses Total Fixed Expenses Net Income/tLoss
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