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
Which of the following activities would be most helpful in figuring out what your company's competitive advantages are?
Dennis_Churaev [7]
Checking your profits vs expense, and seeing which areas generate more profit. From there, you can choose between putting more money into the areas that are more profitable to you & decreasing the amount of money into areas that don't do as well, or continue another season to see if it is the same (as results can vary depending on the supply vs demand)

hope this helps
8 0
3 years ago
Miguel Alvarez in the accounting department at Baumer Company has provided the following information:
Mekhanik [1.2K]

Answer:

$10.65

Explanation:

The computation of the incremental manufacturing cost in the case when the production level is changed

= Direct material cost per unit + direct labor cost per unit + variable manufacturing overhead per unit

= $6.25 + $3.20 + $1.20

= $10.65

Here the fixed cost would not be relevant

8 0
3 years ago
List three examples of coverage provided by employers for employees.
hichkok12 [17]
Medical, Disability, and Life Insurances
3 0
3 years ago
Read 2 more answers
Question 13 of 20
TEA [102]

Answer:

Explanation:

Answer :A

5 0
3 years ago
Read 2 more answers
Adele Corp., a wholesaler of music equipment, issued $32,700,000 of 20-year, 6% callable bonds on March 1, 20Y1, at their face a
kirill115 [55]

Answer:

20Y1

Mar 1

Dr Cash 32,700,000

Cr Bonds payable 32,700,000

Sept 1

Dr Interest expense 981,000

Cr Cash 981,000

20Y2

Sept 1

Dr Bonds payable $32,700,000

Cr Loss on Redemption of Bonds 654000

Cr Cash 33,354,000

Explanation:

Adele Corp. Journal entries

20Y1

Mar 1

Dr Cash 32,700,000

Cr Bonds payable 32,700,000

Sept 1

Dr Interest expense 981,000 ($32,700,000*6%/2)

Cr Cash 981,000

20Y2

Sept 1

Dr Bonds payable $32,700,000

Cr Loss on Redemption of Bonds 654,000

Cr Cash 33,354,000 ($32,700,000*1.02)

5 0
3 years ago
Other questions:
  • On January 1, 2014 the Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $30,000 and $500, respect
    15·1 answer
  • Explain how international trade allows a country to move beyond its production possibilities frontier.
    6·1 answer
  • Walter heads a multinational company and he needs to communicate with certain people using a business letter. Pick out the corre
    11·2 answers
  • Blenman Corporation, based in the United States, arranged a 2-year , $1,000,000 loan to fund a project in Mexico. The loan is de
    10·1 answer
  • A company's sales in Seattle were $410,000 in 2012, while their sales in Portland were $290,000 for the same year. Complete the
    12·1 answer
  • The policy makers of Country LT have noticed a steady increase in grain prices over the last several years. The increase in pric
    8·2 answers
  • Catherine sat down with all of her income details from the past year to calculate the total income she had in that period. After
    13·1 answer
  • . Suppose, the world’s average (mean) GDP per capita is $9,133 in 2014. If there are roughly 6 billion people in the world, then
    7·1 answer
  • Define return economics.​
    11·1 answer
  • Which situation best illustrates the effects of inflation?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!