1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vfiekz [6]
2 years ago
7

Logan Company can sell all of the standard and premier products they can produce, but it has limited production capacity. It can

produce 6 standard units per hour or 5 premier units per hour, and it has 39,000 production hours available. Contribution margin per unit is $21 for the standard product and $25 for the premier product. What is the most profitable sales mix for Logan Company
Business
1 answer:
bekas [8.4K]2 years ago
5 0

Answer:

234,000 standard units

Explanation:

                                                                     Standard unit   Premier unit

Contribution margin per unit                            $25                   $21

Production hour per unit                                   1/6                     1/5

Contribution margin per production hour     $150                $105

Contribution margin per production hour is higher for standard units, hence Logan company should produce standard units.

Total production hours available = 39,000

Production per hour of standard unit = 6

Maximum production of standard units = Total production hours available * Production per hour of standard unit

Maximum production of standard units = 39,000 * 6

Maximum production of standard units = 234,000

You might be interested in
A portfolio is consisted of two stocks:$1,000 in stock X and $3,500 in stock Y. The expected return on stock X is 12%, and 6% fo
oksano4ka [1.4K]

Answer:

Portfolio return = 7.3%

Explanation:

<em>The portfolio expected rate of return would be the weighted  average expected rate of return</em>

Weighted average expected rate of return=

12%× (1000/(3500+1000) + (3,500/(1000+3500)× 6%= 0.073333333

Expected rate of return = 0.073333333 × 100 = 7.3%

Portfolio return = 7.3%

6 0
3 years ago
Prepare entries in a job order cost system and job cost sheets.
Daniel [21]

Answer:

eraDXZ∂fvkm  ≈√≈∫˜µ ƒuktkktukdkuku

Explanation:

4 0
2 years ago
Identify the form of communication in which an individual both speaks up for their rights and also takes others' rights and feel
Marysya12 [62]
A. Assertive Communication
5 0
3 years ago
Under the allowance method, bad debts expense is recorded with an adjustment at the end of each accounting period that debits th
Crank

Answer:

Dr. Allowance for Doubtful Accounts...1,200

Cr. Accounts Receivable....................................1,200

Explanation:

When a specific customer's account is identified as uncollectible, the journal entry to write off the account is:

A credit to Accounts Receivable (to remove the amount that will not be collected)

A debit to Allowance for Doubtful Accounts (to reduce the Allowance balance that was previously established)

Therefore the JOURNAL ENTRIES for the $1,200 uncollectible debt will be

Dr. Allowance for Doubtful Accounts...1,200

Cr. Accounts Receivable....................................1,200

8 0
3 years ago
Epsilon Co. can produce a unit of product for the following costs: Direct material $ 8 Direct labor 24 Overhead 40 Total costs p
mylen [45]

Answer:

It is cheaper to make the units in-house.

Explanation:

Giving the following information:

Make in-house:

Direct material $ 8

Direct labor 24

Overhead 40

Total costs per unit $72

Buying price= $60

<u>We need to determine which option provides the lower cost. Because 40% of overhead will remain constant, we have to take it out of the equation.</u>

<u>Production cost:</u>

Direct material $ 8

Direct labor 24

Overhead= 40*0.6= 24

Total production cost= $56

It is cheaper to make the units in-house.

8 0
2 years ago
Other questions:
  • Adkins Appliances buys 10,000 shares of stock in Charlie Company for $10 per share on January 2 of the current year. Adkins owns
    9·1 answer
  • Marston acquired assets for $100,000. At the end of year 3, the assets had accumulated depreciation of $40,000. An impairment lo
    15·1 answer
  • A fundamental cause of the "tragedy of the commons" is
    12·1 answer
  • What is the name of the diagram that shows physical needs must be met befroe all other needs and wants?
    8·1 answer
  • Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
    10·1 answer
  • Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common
    9·2 answers
  • Under the Contract To Buy &amp; Sell Real Estate, if Buyer fails to notify Seller by the New Loan Termination Deadline that Buye
    15·1 answer
  • Select the correct answer.
    13·2 answers
  • Data for Corporation and its two divisions, Domestic and Foreign, appear below:
    11·1 answer
  • Supply - supply curve - and supply schedule are:Multiple choice question.all the same.three different ways of expressing informa
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!