James' Rockers Co. manufactures two models, Standard and Premium. Weekly demand is 180 units of the Standard Model and 100 units of the Premium Model. The following per unit data apply: Selling price per unit Variable expenses per unit Total fixed expenses per unit Number of machine hours required per unit O 140 units Standard and 80 units of Premium Standard O 150 units of Standard and 75 units of Premium O 180 units of Standard and 60 units of Premium O 200 units of Standard and 50 units of Premium $40 $22 $12 Machine hours are the constrained resource. There are only 600 machine hours available per week. How many units each model should James produce per week in order to maximize profits? 2 Premium $60 $40 $4 -

Ivanhoe Company manufactures and sells two products. Relevant per-unit data concerning each product follow: Selling price Variable costs Machine hours Product Basic $45.00 $23.00 0.50 Deluxe $56.00 $26.60 0.70 Calculate the contribution margin per machine hour for each product. Contribution margin per machine hour $ Basic $ Deluxe

Driver Company manufactures two products. Data concern-ing these products are shown below: Direct TotalLabor ManufacturingHours OverheadHighest observed level . . . . . . . 6,000 $17,000Lowest observed level . . . . . . . . 4,000 14,000 Product A Product BTotal monthly demand (in units). . 1,000 200Sales price per unit . . . . . . . . . $400 $500Contribution margin ratio. . . . . 30% 40%Relative sales mix . . . . . . . . . . . 80% 20%If fixed costs are equal to $320,000, what amount of totalsales revenue is needed to break even?a. $914,286. c. $320,000.b. $457,143. d. $1,000,000.

Crane Company manufactures and sells two products. Relevant per unit data concerning each product follow.     Product     Basic   Deluxe Selling price   $42.00   $52.00 Variable costs   $20.40   $24.80 Machine hours   0.60   0.80   A. Compute the contribution margin per machine hour for each product.     Basic   Deluxe Contribution margin per machine hour   $   $   B. Calculate total contribution margin if the additional 1,010 hours are:(1) Divided equally between the products.     Basic   Deluxe   Total Contribution margin   $   $   $ (2) Allocated entirely to the product identified above.     Basic   Deluxe   Total Contribution margin   $   $   $

Jamison Company uses the total cost method of applying the cost-plus approach to product pricing. Jamison produces and sells Product X at a total cost of $1,200 per unit, of which $820 is product cost and $380 is selling and administrative expenses. In addition, the total cost of $1,200 is made up of $680 variable cost and $520 fixed cost. The desired profit is $180 per unit. Determine the markup percentage on total cost.fill in the blank 1 %

Arntson, Inc., manufactures and sells two products: Product R3 and Product N0. The annual production and sales of Product of R3 is 1,100 units and of Product N0 is 400 units. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:     Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product R3 1,100 10.0 11,000 Product N0 400 5.0 2,000 Total direct labor-hours     13,000     The direct labor rate is $20.60 per DLH. The direct materials cost per unit is $211.00 for Product R3 and $287.00 for Product N0.   The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:       Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product R3 Product N0 Total Labor-related DLHs $ 40,636 11,000 2,000 13,000 Production orders orders   65,880…

SIMPly Power Inc., manufactures and sells two products: Product V9 and Product B1. Data concerning the expected production of each product and the expected total direct labour-hours (DLHs) required to produce that output is shown below:    Expected Production Direct Labour-Hours Per Unit Total Direct Labour-Hours Product V9          300 5.0 1,500 Product B1          800 3.0 2,400 Total direct labour-hours     3,900  The direct labour rate is $27.40 per DLH. The direct materials cost per unit for each product is given below:    Direct Materials Cost per Unit Product V9          $176.90 Product B1          $262.80  The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:      Estimated Expected Activity  Activity Cost Pools Activity Measures  Overhead Cost Product V9 Product B1 Total   Labour-related    DLHs  $94,848 1,500 2,400 3,900   Machine setups…

Benoit Company produces three products-A, B, and C. Data concerning the three products follow (per unit): Product B $ 66.00 Selling price Variable expenses: Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio A $ 86.00 25.80 25.80 51.60 $34.40 Required 1 Required 2 40% Required 3 18.00 31.50 49.50 $16.50 25% The company estimates it can sell 950 units of each product per month. The same raw material is used in each product. The material costs $3 per pound with a maximum of 5,000 pounds available each month. 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? 3. What is the maximum contribution margin the company can earn per month if it makes optimal use of its 5,000 pounds of materials? Contribution margin per pound of the constraining resource C $76.00 Complete…

Bright Force Inc. produces and sells lightning fixtures. An entry light has a total cost of $90 per unit, of which $50 is product cost and $40 is selling and administrative expenses. In addition, the total cost of $90 is made up of $55 variable cost and $35 fixed cost. The desired profit is $20 per unit. Determine the markup percentage on product cost.

Fleurant, Inc., manufactures and sells two products: Product W2 and Product P8. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:     Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product W2 400 4 1,600 Product P8 800 2 1,600 Total direct labor-hours     3,200     The direct labor rate is $31.10 per DLH. The direct materials cost per unit is $197.60 for Product W2 and $134.30 for Product P8.   The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:       Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product W2 Product P8 Total Labor-related DLHs $ 212,576 1,600 1,600 3,200 Production orders orders   17,938 420 320 740 Order size MHs   236,686 3,820 3,620 7,440     $ 467,200           If the company…