Business, 10.04.2020 02:51 BustD0wnAnt
Comfy Fit Company manufactures two types of university sweatshirts, the Swoop and the Rufus, with unit contribution margins of $5 and $15, respectively. Regardless of type, each sweatshirt must be fed through a stitching machine to affix the appropriate university logo. The firm leases seven machines that each provides 1,000 hours of machine time per year. Each Swoop sweatshirt requires 6 minutes of machine time, and each Rufus sweatshirt requires 20 minutes of machine time.
Assume that a maximum of 40,000 units of each sweatshirt can be sold.
What is the contribution margin per hour of machine time for the Swoop sweatshirts? Round intermediate calculations to 4 decimal places and round your final answer to the nearest dollar, if rounding is required.
$
What is the contribution margin per hour of machine time for the Rufus sweatshirts? Round intermediate calculations to 4 decimal places and round your final answer to the nearest dollar, if rounding is required.
$
What is the optimal mix of sweatshirts? Round intermediate calculations to 2 decimal places. Round your final answer to the nearest whole unit, if rounding is required
Now the optimal mix is units of Swoop sweatshirts and units of Rufus sweatshirts.
What is the total contribution margin earned for the optimal mix?
Answers: 3
Business, 22.06.2019 20:40
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
Business, 22.06.2019 21:10
In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand
Answers: 1
Comfy Fit Company manufactures two types of university sweatshirts, the Swoop and the Rufus, with un...
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