Widgeon Co. manufactures three products: Bales; Tales; and Wales. The selling prices are: $55; $78; und...

 

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Widgeon Co. manufactures three products: Bales; Tales; and Wales. The selling prices are: $55; $78; und $32, respectively. The variable costs for each product are: $20: $50; and $15, respectively. Each product must go through the same processing in a machine that is limited to 2,000 hours per month. Bales take 5 hours to process, Tales take 7 bours, and Wales take 1 hour. 19. Which product has the highest contribution margin per machine bour? a Bales b. Tales c. Wales d. Bales and Tales have the same 20. What is the contribution margin per machine hour for Bales? a $5 b. 57 C. $35 d. $28 What is the contribution margin per machine hour for Tales? a. $4 b. $7 c. $28 d. $35 21. What is the contribution per machine hour for Wales? a $35 b. $28 c. $17 d. $7 22. 23. The process by which management plans, evaluates, and controls tong-term investment decisions involving fixed assets is called: a. absorption cost analysis b. variable cost analysis c. capital investment analysis d. cost-vohume-profit analysis 24. Which of the following is important when evaluating long-term investments? a. Investments must earn a reasonable rate of retum b. The useful life of the asset e. Proposals should match long term goals. d. All of the above. Widgeon Co. manufactures three products: Bales; Tales; and Wales. The selling prices are: $55; $78; und $32, respectively. The variable costs for each product are: $20: $50; and $15, respectively. Each product must go through the same processing in a machine that is limited to 2,000 hours per month. Bales take 5 hours to process, Tales take 7 bours, and Wales take 1 hour. 19. Which product has the highest contribution margin per machine bour? a Bales b. Tales c. Wales d. Bales and Tales have the same 20. What is the contribution margin per machine hour for Bales? a $5 b. 57 C. $35 d. $28 What is the contribution margin per machine hour for Tales? a. $4 b. $7 c. $28 d. $35 21. What is the contribution per machine hour for Wales? a $35 b. $28 c. $17 d. $7 22. 23. The process by which management plans, evaluates, and controls tong-term investment decisions involving fixed assets is called: a. absorption cost analysis b. variable cost analysis c. capital investment analysis d. cost-vohume-profit analysis 24. Which of the following is important when evaluating long-term investments? a. Investments must earn a reasonable rate of retum b. The useful life of the asset e. Proposals should match long term goals. d. All of the above.