Estimating the chance of loss associated with premature death is an objective probability.

Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials a

riadik2000 [5.3K]

Solution:

Instructions Journalize the April transactions:

Date Account Titles and Explanation

4/30 Work in Process—Cooking

Work in Process—Canning

Raw Materials Inventory

4/30 Work in Process—Cooking

Work in Process—Canning

Factory Labor

4/30 Work in Process—Cooking

Work in Process—Canning

Manufacturing Overhead

4/30 Work in Process—Canning

Work in Process—Cooking

Cooking and out the debits

Debit Credit

22,800

10,900 33,700

9,400

7,230 16,630

33,800

28,100 61,900

55,900

6 0

3 years ago

Becky's Bakery sells three large muffins for every two small ones. A small muffin sells for $3.50 with a variable cost of $2.00.

Lyrx [107]

Answer:

Contribution margin small muffin= 3.5-2= $1.5

Contribution margin large muffin = 6-3= $3

(2/5*1.5)+(3/5*3)= $2.40

Explanation:

4 0

3 years ago

If a company is studying the decision processes and actions of people who purchase and use products, the company is focusing on

krok68 [10]

Consumer buying behavior.

3 0

3 years ago

What careers are in the Information Support and Services career pathway of the IT career cluster? (15 points for you)

yKpoI14uk [10]

I think it’s “help desk specialists, PC support specialists”

6 0

3 years ago

Benoit company produces three products—a, b, and

Lana71 [14]

My answer is: Produce Product C first, then followed by Product A. to maximize contribution margin. Product B will not be produced since the maximum number of pounds has already been used in producing Products C and A.

 PER UNIT
 PRODUCT A B C
 SELLING PRICE 80 62 81
 VARIABLE EXPENSES
 DIRECT MATERIALS 24 18 9
 OTHER VAR EXP. 24 25.4 43.65
 TOTAL VAR EXP 48 43.4 52.65
 CONTRIBUTION MARGIN 32 18.6 28.35
 CM RATIO 0.4 0.3 0.35
 
COMPANY CAN SELL 800 UNITS OF EACH PRODUCT PER MONTH.
 SAME RAW MATERIAL IS USED IN EACH PRODUCT.
 MATERIAL COSTS 3 PER POUND W/ A MAX OF 5,000 POUNDS EACH MONTH
 
PRODUCT DM UNIT COST NO. OF LBS
 A 24 3 8
 B 18 3 6
 C 9 3 3
 PRODUCT NO. OF LBS/UNIT MAX UNITS TOTAL NO. OF LBS
 A 8 800 6400
 B 6 800 4800
 C 3 800 2400
 TOTAL 13600
 LIMITATION: 5,000 POUNDS PER MONTH ONLY.

 required: 
 1. calculate the contribution margin per pound of the constraining resource for each product. 
 2. which orders would you advise the company to accept first, those for a, b, or c? which orders second? third?
 
PLS. SEE ATTACHMENTS FOR MY FULL COMPUTATIONS.

5 0

3 years ago