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svlad2 [7]
3 years ago
11

Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4.5 pound

s of the material, S5 uses 3.4 pounds of the material, and G9 uses 5.2 pounds of the material. Demand for all products is strong, but only 48,400 pounds of material are available. Information about the selling price per unit and variable cost per unit of each product follows. K1 S5 G91 Selling price $ 178.15 $ 127.00 $ 214.40 Variable costs 103.00 93.00 152.00 Calculate the contribution margin per pound for each of the three products. Orders for which product should be produced and filled first, then second, and then third
Business
1 answer:
Kamila [148]3 years ago
3 0

Answer:

Childress Company

                                                             K1             S5           G9

a. Contribution margin per pound $16.70      $10.00    $12.00

b. Order of production

First, K1

Second G9

Third S5

Explanation:

a) Data and Calculations:

Pounds of materials available = 48,400

                                                           K1           S5           G9

Pounds of materials per unit           4.5           3.4           5.2

Selling price                               $ 178.15   $ 127.00 $ 214.40

Variable costs                              103.00       93.00    152.00

Contribution margin per unit      $75.15     $34.00   $62.40

Contribution margin per pound $16.70      $10.00    $12.00

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The answer is C. Produced and consumed in one country. 
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7 0
3 years ago
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What other inspiring realizations helped Andrew Feld come up with the idea for his startup? List and rank them in order accordin
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The other inspiring realizations that helped Andrew Feld to come up with the idea for his startup, Fresh Patch, were as follows:

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6 0
3 years ago
Jack and Jill have a tenancy in common in an apartment building. After ten years of ownership, Jill dies unexpectedly. On Jill's
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<h2>Jill's interest in the property will: <u>Pass to Jill's heirs </u>(Option B)</h2>

Explanation:

Let us understand the meaning of tenancy: It is the "possession of any property which might be land or building and get connected as tenant".

In contrast, ownership means the property belongs that person alone or in partnership.

Understanding the above terms, We can say, Jack and Jill have been a tenant and after ten years, Jill dies. So the rest of the interest in the property will definitely go to his heirs only.

It cannot be passed to Jack because Jill's interest will not be paid by other person except for Jill's heirs. Jack heirs are no way responsible or own the property of Jack.

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2. As a teenager, why might creating a budget be important?
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6 0
2 years ago
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An airline is considering a project of replacement and upgrading of machinery that would improve efficiency. The new machinery c
Nikolay [14]

Answer:

$172.25

Explanation:

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cash flow years 1-5 = [($300 - $135 - $70) x (1 - 36%)] + $70 (depreciation expense) = $60.80 + $70 = $130.80

using an excel spreadsheet and the NPV function, we can calculate the project's NPV with an 8% discount rate:

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we can also do it manually:

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6 0
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