Question: Use Word or Excel to answer the question, Explain all the steps Hudson manufactures two types of chairs. Office and beach. The data given below

Use Word or Excel to answer the question, Explain all the steps

Hudson manufactures two types of chairs. Office and beach. The data given below is for office chair.

Variable manufacturing cost $120

Variable operating cost $30

Sale price of the chair $200

Hudson's monthly fixed expenses amount to $200,000. Out of 10 chairs sold by the company 7 are office model and the rest are the beach variety. When Hudson sells 2000 chairs, he generates an operating income of $50,000. Calculate the contribution margin per chair for beach model.

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