Complete the product mix analysis to determine the contribution margin per machine hour.Containers PlusProduct Mix AnalysisRegularLargeSales price per unitVariable cost per unitContribution margin per unitUnits per machine hourContribution margin per machine hourWhich product should Containers Plus emphasize? Why?Containers Plus should emphasize the production ofV because this product has the higherRequirement 2. To maximize profits, how many of each size bin should Containers Plus produce? (Enter a "0" for any zero amounts.)Containers Plus should spendmachine hours makingregular size bins, andmachine hours makinglarge size bins.Requirement 3. Given this product mix, what will the company's operating income be?Number of regular size bins per periodContribution margin per regular size binTotal contribution marginFixed costsOperating income Data tableRegularLarge...Sales price per unit$8.20 $10.40Variable costs per unit3.204.30PrintDoneMore infoThe company makes two sizes of bins: large (50 gallon) and regular (35 gallon).Demand for the products is so high that Containers Plus can sell as many of eachsize as it can produce. The company uses the same machinery to produce bothsizes. The machinery can only be run for 3,100 hours per period. Containers Pluscan produce 12 large bins every hour, whereas it can produce 17 regular bins inthe same amount of time. Fixed costs amount to $110,000 per period.PrintDone

In order to determine the contribution margin per unit, the variable CST per unit is required to be…

Data table Regular Large Sales price per unit $ 8.20 $ 10.40 Variable costs per unit 3.20 4.30 Print Done More info The company makes two sizes of bins: large (50 gallon) and regular (35 gallon). Demand for the products is so high that Containers Plus can sell as many of each size as it can produce. The company uses the same machinery to produce both sizes. The machinery can only be run for 3,100 hours per period. Containers Plus can produce 12 large bins every hour, whereas it can produce 17 regular bins in the same amount of time. Fixed costs amount to $110,000 per period.

Data table Regular Large Sales price per unit $ 8.20 $ 10.40 Variable costs per unit 3.20 4.30 Print Done More info The company makes two sizes of bins: large (50 gallon) and regular (35 gallon). Demand for the products is so high that Containers Plus can sell as many of each size as it can produce. The company uses the same machinery to produce both sizes. The machinery can only be run for 3,100 hours per period. Containers Plus can produce 12 large bins every hour, whereas it can produce 17 regular bins in the same amount of time. Fixed costs amount to $110,000 per period.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please do not give solution in image format thanku
Please do not give solution in image format thanku
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