Swifty Inc. produces and sells three products. Unit data concerning each product is shown below. Selling...
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Swifty Inc. produces and sells three products. Unit data concerning each product is shown below. Selling price Direct labor costs Other variable costs Product D $196.75 35.75 95.00 E $304.20 101.40 78.00 F $245.20 40.30 146.00 The company has 1,900 hours of labor available to build inventory in anticipation of the company's peak season. Management is trying to decide which product should be produced. The direct labor hourly rate is $13. Your answer is correct. Determine the number of direct labor hours per unit. (Round answers to 2 decimal places, e.g. 52.75.) Product D Product E Product F Direct labor 2.75 7.80 3.10 hours per unit hours per unit hours per unit Your answer is correct. Determine the contribution margin per direct labor hour. (Round intermediate calculation and final answers to 2 decimal places, e.g. 52.75.) ion margin per direct labor hour LA $ Product D 24 tA Product E 16 tA Product F 19 Your answer is partially correct. Determine which product should be produced. Product D Determine the total contribution margin for that product. Total contribution margin $ I Swifty Inc. produces and sells three products. Unit data concerning each product is shown below. Selling price Direct labor costs Other variable costs Product D $196.75 35.75 95.00 E $304.20 101.40 78.00 F $245.20 40.30 146.00 The company has 1,900 hours of labor available to build inventory in anticipation of the company's peak season. Management is trying to decide which product should be produced. The direct labor hourly rate is $13. Your answer is correct. Determine the number of direct labor hours per unit. (Round answers to 2 decimal places, e.g. 52.75.) Product D Product E Product F Direct labor 2.75 7.80 3.10 hours per unit hours per unit hours per unit Your answer is correct. Determine the contribution margin per direct labor hour. (Round intermediate calculation and final answers to 2 decimal places, e.g. 52.75.) ion margin per direct labor hour LA $ Product D 24 tA Product E 16 tA Product F 19 Your answer is partially correct. Determine which product should be produced. Product D Determine the total contribution margin for that product. Total contribution margin $ I
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Direct Labour Hours Per unit Product D 275 Product E 780 Product F 310 Contribution Margin per Direc... View the full answer
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Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
Posted Date:
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