Question: PLEASE HELP ASAP!! I cannot seem to figure out the correct answers and work for the problem below. Please complete Req.1-3 and show work for


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 earn per month if it makes optimal use of its 5,700 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 C? Which orders second? Third? 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 earn per month if it makes optimal use of its 5,700 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 5,700 pounds of materials? (Round your intermediate calculations to 2 decimal places.) Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per unit): The company estimates that it can sell 850 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 5,700 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 earn per month if it makes optimal use of its 5,700 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.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
